LmaoHere is some simple maths for everyone to digest IAM is now...

Lmao

Here is some simple maths for everyone to digest

IAM is now worth $8.4m in market cap

IAM may need to raise, say what? $3m to fund the remaining year?

That's another 600m shares being issued. They have 1.7bn outstanding at the moment.

If IAM signs CBA and gets re-rated to $30m - Ball park what Euroz valued the market cap in IAM (this would be a massive re-rate and definately priced at the high end of the valuation)....

This would imply a share price of 1.3c per share. Not including the hundreds of thousands of unconverted options.

Just accept it, if IAM does another capital raise this company is toast.

Anyone who bought in over 2.0c is never going to make their money back. Your best option is to cut your losses and exit before a capital raise is done again.

If you got in at the initial RTO or, god forbid, post 4.0c, you're going to need the company to be valued over $70m. This is quite literally impossible without IAM signing on at least two major financial institutions. Again, you're f**ked

Everyone better be hoping for a convertible note and a decent market update re CBA before they try to raise capital.

This is all assuming they raise at 0.05c - They'll likely discount it as they did last time.