Seems a pretty good result to me. Strategy well conceived, and funded for immediate future. Reassurance to existing shareholders that they will not be hit by capital raising, with an implication that current SP is too low at which to raise new capital. We all agree with that but it's good to hear it from the company.
Negative cash flow reducing at good rate and heaps of leverage to growth in customer base...note 50% increase in last 6 months and huge new market in Melbourne about to be launched. This is a growth stock if I have ever seen one.
regards
DF
UNW
unwired group limited
up 7% today on announcement, page-2
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