SP has gone backwards since my last post in Jan on not a lot of news - glad i sold a few at $2.28 to spend o/s.
I'm thinking a placement and offer to 'sophisticated investors' - isn't that the term they use for interested newbies and the current top 10 or so??
Won't be to big as any substantial dilution may threaten the expiring oppies, so similarly doubt we shall see an offer to us small fry.
I'm more interested in what specifically they are going to do with the cash...
Interesting times.
Cheers,
Mac
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