Near term capital raising.

Hi all,

Hopped into CIO last week after their terrific announcement of record sales, but over the weekend realised I may have been a little to impatient ... or perhaps excited.

Ran my eyes over the quarterly report this weekend and it seems after Q4 FY17, CIO have just over $600K in cash but anticipate outflows of just over $1M. Before I suggest a capital raise will occur this quarter; can anyone shed any light on whether we have a loan facility or further draw-downs on any second or third tranches from a recent placement?

Either way, should be rock solid longer term, but might offer me an opportunity to double down otherwise.

Cheers in advance.