Hey guys,
Yeah we all knew or suspected that Wowo was being delayed, but as has been pointed out its good news to hear that Wowo is gaining attention, shame the company didn't give a firmer indication of whom,
One thing that did worry me is that the company had $1m cash left and expects to spend $800k this Qtr which means with a 100% certainty there is some form of Capital raising coming, my guess is a placement and SPP to shareholders, probably at 20% disc so say 10c ish, just a guess
Cheers
From YT hope he doesn't mind.
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