I made a post back a few weeks ago about predicting a capital raise even though they had enough money to say last 2 years and it was based on beer and co’s report I can’t access it now but I distinctly remember that there were going to be a total of 34m issued shares! Then I was reading the clauses in the agm this morning actually and studied the 10% placement! Dilato and BP hold most the stake in the so I believe that they have all the say in the vote anyway?
to note there was no market update this quarter just a 4c.. and given the DTC is a couple of weeks away I’m betting on an OEM partner along with a strategic capital raise being done! I think they have something ready to go and they needed to tick a few boxes before going public
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I made a post back a few weeks ago about predicting a capital...
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