RE: Private Placing3 Apr 2025 10:42
CLN is top priority for the bored. It'll be dealt with, in time for next payment, perhaps, but definitely by the one after.
There are multiple options, including private placing, each of which is better than seeing shares issued at 10% below VWAP. That was OK when the SP was appreciating with the science but now it's a total disaster and holding back the SP even in the face of remarkable scientific and clinical progress.
Don't be surprised to see an intra day RNS out the blue stating CLN has been dealt with and don't assume if there is a small placing that it will be at a discount. Avacta have the data now, it's unequivocal. All I can say is watch this space.