Or is it the soccer Moms who are elitists as they get in their $80,000 SUVs to head home? Not sure nor do I care. Once again, does that make those who spend the money for the best seats elitists? Not sure nor do I care. Some just want to spend $20 for lawn seats and sit on a blanket next to a bunch of soccer Moms who have had too many White Claws and watch the show on the video screens on the side of the stage because they can’t see what is happening on the stage from where they are, nor can they appreciate some of the subtleties with the music due to the mix being dialed in for an area a few hundred feet in front of them. Music is definitely art, and going to see a show is similar in the sense that some of us spend considerably more money for great seats in order to experience the music from both an auditory and visual spectacle. Does that make those that do elitists or snobs? Not so sure nor do I really care. Some go to greater lengths and cost to experience them in the best conditions possible or within their means, all the while protecting the art to ensure it is not altered or removed. Bell Potter Securities is lead manager and bookrunner for both.Movies and tv shows are considered Art, and are interpreted and enjoyed in different ways across the board by the masses who view them. “At the same time, we’re continuously improving the power and efficiency of our products toward world-class standards which will support growth in orders and revenue.”Ĭommitments came from “international and Australian institutional and sophisticated investors”, according to a statement from the company, which will undertake a non-renounceable entitlement offer to eligible current shareholders.īoth the placement and entitlement offer are priced at $0.06 per share, a 20 per cent discount on the closing price on March 8. “We’re also investing in our GaN laser offering to leverage our competitive advantages, address new markets and applications, and take market share,” said Haden. CEO Jim Haden said on Monday that the new capital will “accelerate our commercialisation progress”, following a “very encouraging” response to the initial products.
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