I can live with a 10% raising at 8-8.5c, that might be enough actual share equity to see us through for a long time and there aint anything we can do about it. Although I doubt they will do a CR.
A major raising ($100m+) at that todays price though, prior to results of A2 which could substantially increase shareprice, therby reducing future dilution and even the need to dilute, would be a bad result and IMO highly unlikely.
How much longer do FAR have to exercise right to raise up to 10%? Is it 30 June or prior to AGM?
Todays closeing price, page-65
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Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
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