they will need more working capital and want to issue more shares.. as after this point SP will be nowhere near to .13
I have a gut feeling that they have realised their mistake of not keep giving dividends but keep Cash to increase SP..
market cap has to be Cash backed at-least 25% of market Cap.
Capital raise will be between 7-10 mil
DYOR
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Open | High | Low | Value | Volume |
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10 | 312600 | 0.100 |
2 | 85000 | 0.098 |
1 | 104166 | 0.096 |
2 | 42078 | 0.095 |
Price($) | Vol. | No. |
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0.110 | 73652 | 6 |
0.115 | 51178 | 2 |
0.120 | 102643 | 4 |
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