short term trading - week starting 19th nov, page-53

  1. 6,438 Posts.
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    entry for STT

    CXX

    Just conducted a placement to raise $2M. Effectively a cash box that has been looking for an asset. Must be a reason to raise this cash as they had $2M before in the bank - probably v close to acquiring the asset (says African focus) but vendors needed them to have cash in the bank??

    Michael Ashforth is Chairman!
 
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