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placement, page-26

  1. SSV
    1,145 Posts.
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    Hi interfc,


    AS Demand is outstipping supply,they would not be in a position to stockpile.

    In regards to cap raising ann : reads : These funds will be allocated to capital expenditure to increase manufacturing capacity.

    If your from a business or accounting background you would know that capital expenditure means PLANT AND EQUIPMENT.

    This cap raising is just a formality, I would believe the PLANT AND EQUIPMENT is already there,if not ordered with delivery in JAN 2008.Part of the cap raising is to pay for the gear.

    We need to trust and have faith in management

    Cheers
 
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