Jeez there is some whinging on this thread. Everyone should just wait and see what cornerstone investors pop up after this raising before they judge without full facts.
If the company is securing distribution contracts, then it is a good thing to quickly shore up the funds needed to move forward, so a 10m raising at 50c in the scheme of things is not a big deal, particularly if US investors get on board as some media reports suggest.
If the share price starts moving up from here (which I very much expect it to), then no doubt the whinging will stop. I'll definitely be buying a lot more if this trades at 60c or below on open.
YOW Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
