capital raising, page-16

VLA has a history of quickly leaking any SP gains that follow positive announcements. For L-T holders, past SPP have barely been worth the effort unless you want to trade endlessly. This tends to get L-T holders narky - maybe this message has been heard?

So where does the money come from? If they have lured some ‘sophisticated’ fund to tide us over till the next big announcement and the ‘right’ investor makes a commitment, we are well and rooted.IMO

If they have managed to nab the ‘right’ investor (ie: license/JV partner, prospective suitor etc) surely they would have shared data, which would have had to have been compelling, logically commanding a premium. IMO

A subsequent SPP to existing holders (at a small discount to the partner investor) could be reward for perseverance?

Or pigs fly.