I have been doing a great deal of day trading on this, and didnt know what they did or anything about them. But i have done some DD on them and yes they owe some cash, and they have around $2.5m in the bank, the diff leaves them with around $1m However looking at how there sales are growing it does look good indeed, regardless of them having a CR ATM. Again they are staying that they are raising to buy someone out. I sold 40k today at the open half of me wishes I didnt, I still have quite a few left, Long and the short of it, It really doesnt seam that bad of a Coy. And might give the opp a bit of ago as well, havent looked up the price but there well in the money, could buy a few and con them without waiting depends on what there worth now. Could pay for the CR if you convert. There is a lot worse company's on the ASX you could find, Still it is a risk, but its only money
MKB Price at posting:
12.0¢ Sentiment: Hold Disclosure: Held
