the last thing a ceo is going to do is tell the market he is going to do a cap raise before he does one. The assumption he did to some is wild speculation.
As small cap investors already long, we hate cap raises. Don't forget, the reason companies list is so they can quickly raise capital when required.
Given they are funded out to the end of 2026 there is little chance of another cap raise in 6 months. They have probably reached their yearly raise limit. I don't recall the rule there but somebody else here might.
LTP Price at posting:
86.0¢ Sentiment: Buy Disclosure: Held
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