Just as I suspected the cr is already fully subscribed and won't be available to us armchair experts, which is a good thing because retail investors are the worst type and most sentimental of all. If the sp is much higher than the cr they moan about not being able to participate in an SPP, if the sp is the same or lower they won't participate in an SPP even if offered to them. Even if they participate most will be dumping on the slightest rise in the sp.
The other interesting thing is they are raising only the minimum amount when they could raise a lot more due to the interest shown by investors so far. This suggests they are confident in the invention and are expecting incoming funds from partnership and NRE fees.
BRN Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held
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