ADO 0.00% 2.1¢ anteotech ltd

capital raising, page-30

  1. 523 Posts.
    lightbulb Created with Sketch. 182
    Also important to see, how much shareholders will get diluted.

    I don't think it will be very much compared to our current market cap.
    Maybe a couple of millions to speed things up, which seems just the right step, as this point in time.
    Will be interesting who will become the new shareholder(s) ?!

    IMO good idea to erase any potential future speculation about possibly running out of cash in 1-2 years time, when signed deals will take time to translate into cash-flow.
    Who knows what the markets (and thus the possibility to raise cash) look like in 2014/2015 with all this money printing and debt we have in the system nowadays.
    We shouldn't forget, that even if Mix & Go becomes a part of all future BBI products for example,these will be new products and thus need a little until they substitute the old flow tests.

    I will wait for the details until I reach a final verdict, but i guess it is a strategic decision from management and i tend to see this positive.
 
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