Trading patterns certainly aren't suggesting funding is 'imminent'
I am still confused by resolution 2 - issue to a cornerstone investor. If UG is right and it MUST be a loan then what is this issue for? Surely either resolution 1 OR resolution 2 is enough?
I wonder if the price will remain suppressed until the meeting, then the issue will be in the 2.1-2.2 cent range, raising $3m.
You would think this would help debt but that is cleared by the alliance deal.
Wait and see I guess
FAS Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held