DCL 0.00% 1.1¢ domacom limited

New capital raise, page-2

  1. 436 Posts.
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    Hi Salvi98,

    IMO it would be important to also know the cost of raising the 500k . Your right according to Domacom's announcement, this raising was done at 07.42 cents per Share, which is about 10% of the float price of 75cents. However if you factor in the costs associated with this raising, IMO the effective cash in the bank is likely to somewhat lower. IMO would be good if Domacom told us the net proceeds to the company following this $500K raising and how long this one will last before they may need the next one.
 
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