chomp chomp chomp, page-6

They needed it higher than this to do a capital raising - especially if its supposed to be at 5c, otherwise it will be lower and holders don't want to see themselves diluted away.

But the clock is ticking with the current cashburn so the window is closing there as well.

Whats the betting - a nice little run then news of a capital raising.... either a placement or a non-renounceable rights issue to existing shareholders. Easier to get it from existing shareholders in the current market than new investors.