Hi Tom I agree with your comment about another likely cap raising as funds wont last till June currently however would guess that they wont have any trouble finding buyers either. Whilst only a couple of small deals announced of late the report clearly indicates that some hopeful major deals are now very close. Has been solid buying around 8c so another small raising around 6.5c/7c would not surprise. Quick replenish of funds then back to business in finalsing a few deals I am guessing. With each day a step closer I feel that capital raising is a necessary evil in any companys early days and I dont want to be caught out not owning these ones as once the long awaited big deal/s come (report indicates it will) then they will fly and the cap raisings will have all been worth it.
i hold
MIK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
