They would have needed to put all the information out in the public domain before seeking a cap raise so no advantage, that would be why the flurry of releases. If raising more dollars I think very good, means they are serious to have a crack at rolling out the strategy. $2.8m will go quick so get cashed up now, set the right investors who dont want to sit on the screen and then go for it. More dilution but still very minor amount of shares and tight - should secure a better chance of a positive outcome in the medium term imo.
SP1 Price at posting:
27.0¢ Sentiment: None Disclosure: Held
