I think this is a very positive move. $10 million dollars chased the $3 mill 20c raising last year so they are tapping the unmet demand at 23c now , i suppose it could have been done higher but they need the money now so it makes sense. If Homeopen.com is going to make a dent into REAs market share some serious $$ will be needed. Lets say we take 3-4% share and revenue of 8-10 mill,,then see the scope globally the potential is massive . Plus Applabs Snaptic and Roster Elf as well as whatever acquisition they are working on ,, its going to be an exciting year ahead i think.
SP1 Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held