Hi Sam,
With regards to the CR and your opinion I totally agree with your views. Its not about survival, but this is more for the growth of the company. Its best to do a CR in around 40c range and avoid heavy dilusion and raise big money...
But my thoughts are Morgans and Wilsons would not allow the company / may not want to to do a CR at 40c. They would want to have them cheap at around the current prices and sell them around their target of 57c over. Its a tricky situation as so many news are on the way in the next 8 weeks and the SP could be easily double from here just on one or two of those news..
Would love to know your thoughts on this ..
Thank you for your valuable contributions on this forum..
All IMO
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1 | 100000 | 0.085 |
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1 | 36585 | 0.082 |
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