The fact that it went mostly to Cashel.....who is becoming intimately involved with the financial side of the company, and who have previously stated they will need to see more progress to ensure continued support of the board suggestes that the placement was more of a favour to Cashel who wanted more in at a great price.
I think the quarterly will be a cracker.
i Agree too ,, thanks
QFX Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held