Yeah $6m at 17c. No idea if oversubscribed. If it is done already, with oversubscriptions, then I suspect there's a strong Singaporean component to this on back of the recent advisory appointment though that's just a guess.
Personally I'm a little pissed off they are raising this much at such a discount. I'm sure they could have got to end of this quarter without raising since the expected cash outflow in Dec quarterly vs cash in bank doesnt take into consideration the revenue for March quarter.
Anyways whats done is done, they better show some business progress soon though.
Cdchi1
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Yeah $6m at 17c. No idea if oversubscribed. If it is done...
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