Capital raise : Completed 2nd April 2014
Fully Paid Ordinary Shares (Post cap raise)
$11.75M Nett of Expenses as clearly stated
As per their presentation dated April 2014
Cash was $1.36m at 31/12/13
Cash at 19/5/14 $12.3m less $11.75m and interest revenues =
cash without placement of $520k approx. a drop of around $840k for 2014 calendar year
receivables were steady at $4m