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Ann: Appendix 4D and Half-Year Report and Accounts, page-15

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  1. juanito
    166 Posts.
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    28/02/17
    21:30
    Post #: 22989848
    It will need a capital raising to meet the demands of the Philippines - has $2.8m burning $1.5m (6m) before the expansion. Report states it need more $$ in the next 12 months to keep it going.

    I foresee another large placement to give them working capital to expand. This could have a short term negative impact on the SP.
    IAM Price at posting: 5.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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