@penny1medico I prefer they raise now and get on with drilling over the next 12 months, so I am not opposed to it. They only had $3.2m in the bank, so this may allow a bit more velocity with drilling. Sure there is dilution (circa $5m), but the book closed in a matter of hours which tells me there are corner stone investors buying in that will get the lions share of the placement (was told to expect smalls only so I didn't bother). Expectation would be they support on market, but it really depends who the stock has gone to. If we get an uplift of 50% to when they last raised, its a good outcome imo. Sure, I own less of the company but my chares are worth more. Not long now before they start trading again, so will find out tomorrow.
AQI Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
