depends, the company should be back to cash flow positive and with the Macquarie centre opening this month revenue should be even higher. I don’t think a cap raise is necessary to continue normal operations.
however I believe a cap raise would be necessary if they were to acquire or launch new products/facilities. IMO If you were to wait around for a cap raise in this scenario you could be missing out on big gains. But don’t take my word for it please DYOR!
IDZ Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
