It’s my belief the company does have some great potential moving forward but I feel many are over analysing the strategic term, most cap raises are seen as strategic in way or another,I feel the company saw an opportunity to top up the coffer’s and took it.I suspect the raising will be modest and done at a discount to the market as most cap raises are.
IHL Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held