I reckon we are all hoping there will be no capital raising Flemster, but didn't you yourself start the Hammer and Tongues company needs cash thread? Do you think they have turned around the cash flow and/or cash requirements of the business since then? It seems very unlikely. I think realistically we will see them attempt to raise more capital.
It does appear as though something else is going on in the background though. The lack of an ASX announcement is sadly predictable.
something is going on!, page-16
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