Simply wall st article ….Looks like another Matthews special used car salesman paid Ir pump.
Highlights :
"Sernova has a market capitalisation of CA$372m and burnt through CA$6.1m last year, which is 1.6% of the company's market value. So it could almost certainly just borrow a little to fund another year's growth, or else easily raise the cash by issuing a few shares."
How many more shares ? Currently have 368 million shares out .....
MS