RE: Cash balances are diving, keep it real folks24 Oct 2025 08:29
Placing is not an unusual occurrence is it and every company needs cash to develop or to stay alive so it doesn't take a genius to suggest there will be a placing at some point. The usual killer is the terms of the placing and whether fees and warrants and free shares given to to the sharks are part of the deal or not. A small placing to provide a war chest in the interim followed by a large cash influx from Oz would not be a bad thing providing the T&C's were not damaging, Whatever else, todays news was upbeat and positive,