we saw sophs take the 6c cr but 0 from management back then. That they participated in the 3c raise (MQ got 3.8m units & a couple others that were eligible took their 100% allocation) suggests the next raise (which will be the equity portion of funding in combination with debt) will be at higher than 3c.
could be wrong of course but still, the bloodbath today was across all sectors in the asx not limited to wwi alone so am hopeful we’ll see better days ahead when the tide turns.
good on u for getting in at a good price, i have no more ammunition left after loading plenty already at higher prices but irrespective, in time it’l be good for most (barring those that got in on the 11-14.5c day which’l take time).
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we saw sophs take the 6c cr but 0 from management back then....
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