PLT 5.33% 71.0¢ plenti group limited

what the, page-13

  1. TTH
    1,255 Posts.
    Rexsh,

    Re: "the management team are very aware that there would be plenty of investors sitting on the sidelines with cash to invest"

    I don't quite get your reasoning.

    Polartechnics have just completed two capital raisings, the convertible notes (part 2; orginal in Dec 08) and the SPP.

    They are cashed up and ready to go. Assuming things go to plan they should reach break-even very soon, and break through to profitability with enough in the coffers to be agressively marketting both TruScreen & CerviScreen, with FER's cash adding to those two plus the commercialisation of the Fermiscan test.

    Investors with money to invest will be doing so on-market, at least for the near-term and hopefully forever (i.e.hopefully no more capital raisings required).

    Cheers.
 
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