M8S 0.00% 0.9¢ m8 sustainable limited

What do u guys think?1 for 1 right issues $4.7m@2c and 3.47m has...

  1. 976 Posts.
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    What do u guys think?
    1 for 1 right issues $4.7m@2c and 3.47m has been secured by M8S(1.67m) and a cornerstone(1.8m) demand. The rest is underwritten by Canaccord.
    As an existing shareholder, I may apply for the full right issue but hesitate to place a bid for the underwritten part. It’s a big dilution and may drop below the placement price.
 
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