I am so happy
Better than I thought
Well done to management and we have $5 million
WRT to all the downramping regarding placement at 7.5c
Well I decided to perform some calculations
Originally circa 250 m shares
With dilution (70m shares at .075c)
Total 320m shares
Theoretically If raising at 20c(as Ample previously did)
250m shares
($5million at 20c= 25million shares
Total of 275m shares)
320/275= approx 15% reduction in share value
1 If this gets to $1, well Id be happy with an 85 cents sale
2 Much happier with the $5m and 325 m shares than no money and 250m shares
3 Ralston is a champion
Sometimes we have to stop whinging about Capital Raising
In fact I bet we are all banging our heads for not taking the share offer
BD
I am so happyBetter than I thoughtWell done to management and we...
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