I'm hearing around 1.5m at 1.6c with a 1:2 option - use of funds for restart of the Ukraine operations.
Small raise at effectively little to no discount in today's market is a very good sign.
If funds are for production restart potentially some company news linked that as well. That would be extremely positive.
Might explain the slight park brake on volume in recent weeks.
Might be the end of 1.6c i'd say - expecting the raise will be very competitive and potentially scale backs in place.
SF2TH
Ann: Trading Halt, page-12
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