If the share price can hold at this level 4.3c to 4.4c then the 2nd tranche placement to Socius to be voted on mid August will be at a 12% premium. That would be around 4.8 to 4.9c per share.
If the market reacts the same way it did with the first placement we should be trading at 4.9c level around this time, as a minimum.
Larger return for option holders if you willing to take the risk.
guaranteed return.
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