As mentioned within the last quarterly, a capital raising must be very, very close.
Perhaps within days.
I'm wondering if a rights issue or SPP is attached to a soph. placement, when the record date may be.
Even in today's markets, it's once again looking fairly cheap and I'm pondering whether to buy a few for a potential SPP where non-holders may be potentially locked out of a discounted price.
Risky, as the price, may well be in the 5s, yet if they can raise for example $10m, I just wonder how the market may react.
Imminent capital raising
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