Share price trading for the last while between 32 & 37.
Even more important for capital raising purposes is a steady share price without large fluctuations.
I have a gut feeling that we are close to having a capital raising completed. It will be very important at what price any capital raising will be executed.
If they manage to place 30 million shares at 30 cents plus to large net worth investors & instos it would give a lot of confidence to shareholders and the ISN market. Hopefully the days of raising capital at a 20% discount to vwap and giving freeby options are well and truly gone.
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