They should raise enough so they don't need to raise again for...

  1. 5,980 Posts.
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    They should raise enough so they don't need to raise again for 12 months other than a rights issue

    They are not allowed to issue more than 25% of additional shares without shareholder approval or unless it is a rights issue.

    So likely to see 80m new shares but cashed up to get the product to market I am hoping to be able to buy cheap on Wednesday when it comes back on.

    This is good news just hope the new shareholders are strategic and back the company for 2-3 years.

 
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