I am not sure why everyone is whinging about this CR. Correct me if I am wrong but wasn't the placement made at the same time in early December??? Everyone is acting like they are surprised by this. It was 5c because the other 4.4mil at the time was also at 5c.
4 December 2017 ASX and Media Announcement SUCCESSFUL COMPLETION OF A$5.4 MILLION PRIVATE PLACEMENT Highlights:
• Oversubscribed A$5,400,000 private placement (“Placement”) to professional and sophisticated investors. • The Placement will be issued in two tranches, with A$4,400,000 to be settled immediately and A$1,000,000 subject to shareholder approval, expected January 2018.
• The new funding will be used to invest into Kryptos-X project announcd earlier, as well as for working capital and accelerate growth in other emerging opportunities.
What's missing in Fatfish shares?, page-143
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