Proceeds of the raising will be used for aggressive marketing of “Home Open” as well as new acquisitions.
Raise in 2 tranches...only small.
ALA will On completion, Applabs Technologies ltd equity valuation at the issue price will be approximately $9.6 million and the Company will have approximately $6.1 million in cash (after offer costs) and no debt.
From what I am hearing all extremely positive, am looking to get my foot in the door on this one
SP1 Price at posting:
27.0¢ Sentiment: Buy Disclosure: Not Held