Ramping, page-4

I posted this on the other thread but think its appropriate for this one as well.

I just read the 4c announcement again and realised they basically stated they will be doing a capital raise this QTR. They have enough funds to middle of october so they will need to do a capital raise soon. This explains the price rise on no news. Pumping it up for a capital raise. My guess it will be at aroound 1.5c raise.

2. Has the entity taken any steps, or does it propose to take any steps, to raise further
cash to fund its operations and, if so, what are those steps and how likely does it
believe that they will be successful?
Yes,
- Subject to shareholder approval of director contributions at the EGM on 6th August
2020, the company expects to receive an additional $250,000 in cash.
-The Company is considering financing options available to it including the issue of
additional securities to current and new investors.