Yes more details are needed .. maybe the swiss lender terms have...

Yes more details are needed .. maybe the swiss lender terms have gone cold like the Copper price of late >>
... 43% of ANX stock is held by Insto/sophs .. just maybe in communication with mgmt an understanding of a placement to those interested .. they then dump stock and reload cheaper which is win/win raise funds and lower placement price

I'm also not happy as a soph to miss out in all these insider placement deals(seems like every spec company held has been doing placements in recent years) ..but then I've not been pro-active in talking with mgmt and putting forward interests in a placement ...

we know of course placements are much quicker and cheaper for the company to raise funds but pretty rough on the non insiders ..unlike rights issues etc