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Ann: Trading Halt, page-302

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  1. 1,256 Posts.
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    The equity and new cash was needed to demonstrate financial balance sheet strength which they didn’t have before. We are left to wonder about contract timings. Shame about the issue price, but then its only a 10% raising, not a 1:2 or something like that. I suspect the ramp up of Mattresses is a given, I wonder what the timescale is on replacing standard uniforms? Testing including field trials next quarter so four months plus away? Unless of course N Korea starts a renewal of war and a few spare uniforms are needed in a hurry!
 
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