capital raising

Hi guys,

A bit dissapointing to see BNO now having a tradinghalt because the want to raise more capital.

look at the annoucement where they sold their premises and they said:

"Shareholders are aware that Bionomics is seeking to complete its first, major partnering deal
before the end of this calendar year and the additional resources from the disposal of the
building will provide the Company with more than enough financial resources to achieve this
goal."

So I guess they want to play safe, and have enough big institutions lined up who are keen invest in the company.

Be interesting if existing holders get a part of the pie.

good luck

jojo