Retail Offer

As a current holder, it may be a case of too little too late as the SP has been decimated over the course of the last 4-6 months and my losses based on current SP are significant, asking too tip more money into the current sentiment of 'catching a falling knife' doesn't bode alot of confidence in management's ability for a quick turn around.

Also interesting to note the insto entitlement offer is $1.04M which is dwarfed by a retail offer of $6.7M from current shareholders that I tend to believe are also sitting on a significant loss based on where the Shareprice was 9 months ago.
Would be presuming an undersubscribed offer at 8c even with a 1 for 2 sweetner if they are looking to entice current retail SH to invest.

Alot hinging on an NT license update, if that falls through, where do you put a price on the company then? Similar insto offer a few months back for $1M would have also burnt any insto that became a SH then.

Still high risk, even with the Ann on the $10M acquisition, this needs to turn around fast or TBH are dead in the water.