General Discussion Topics, page-100698

The cap raise better be at a premium to the current share price.

i imagine the run of roadshows drummed up a lot of interest.

some private discussions about interest from instos possibly triggered the cap raise.

Something along the lines of

instos: “the short, mid and long term path ahead for the company is really excellent, can see huge potential for major growth, we’d like in. Can we get in before the run of announcements?”

BL: “yeah sure”

then also thinking, we need to get the share price down so these new instos can get a good run and i can build a relationship with them. “Hello state street, we got some instos keen. We gonna hold off on the announcements and do a cap raise, and we’ll leak it to the press. Can you do your thing?”

i’d also imagine the cap raise to be accompanied by the series of announcements we were expecting in April and May.