TRI 10.7% 2.5¢ trivarx ltd

Ann: MEB Signs MOU with DXC for ilumen, page-8

  1. 664 Posts.
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    A really good step forward in my opinion for the company especially in this challenging time. The main problem through is these partnerships at present are not revenue earning in any way and to put it simply the company needs money m. Based on the quarterly, the company will be out of cash in the next 2 - 3 months so I’m certain we will soon see a request from the ASX requesting to see how to company is going to manage to continue its operations and that’s what my question is? How are we going to raise money? Do a capital raising at practically zero cents or what is the proposed solution?
 
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