BUL 7.14% 5.2¢ blue energy limited

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    Cash is very tight. If it is to be an issue with prospective suitors etc, attempting to negotiate favourable terms, a small CR to ride out any period of time that may be required to get us over the line may be considered. I know LT holders will cringe at this possibility but if it would secure a beneficial outcome it may be prudent to do so. Just as an example a CR at 1c would raise $11m on 100% uptake which will not happen. So 50%=$5.5m, 25%=$2.75m and so on. So at 1c for the CR every 100k shares held would require $1000.
 
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Currently unlisted public company.

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