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Capital Raising but by SPP or sophisto placement?Last time was...

  1. 7,432 Posts.
    Capital Raising but by SPP or sophisto placement?

    Last time was SPP at 17% discount to 5 day VWAP.
    Anyone know the 5dayVWAP?
    using the 5day Simple Moving Average it's .064cents so 17% discount is .053 .

    Good [enough] for a SPP available to all shareholders. Poor for a Sophisto Placement.

    have to see how management swings.
 
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