email from the horses mouth22 Jan 2020 09:26
"Got an email reply from Dave:
'Unsolicited demand and Board level decision to accept it in order to have a slightly larger balance sheet buffer to ensure against unforeseen circumstances.
Dilution minimal and hopefully not too much angst given share price has doubled since the last placement. '
Hope this helps."
Thanks. Should be back up to 140 to 150pps and climbing in no time.