Sorry to hear your email went unanswered. I assume senior management are focussed on rolloing out Beyond Media at present. I accept it will be a while longer before Prism Digital can cover the cash burn on its own. Further external funding will be required to fill the gap. My preference would be for a fully underwritten and renounceable rights issue offered to existing shareholders but this is sadly unlikely. I suspect instead there will be a further placement, sadly diluting existing shareholders accordingly.
YNB Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
