I'll start with the positive: At least this relates to previous...

I'll start with the positive:
At least this relates to previous mishaps which Netlinkz has taken steps to rectify (new board members and Chief Financial officer) and not a new mishap.

Now on to the "areas of concern":
We now know the announcement on Monday (if it comes!) for a capital raising will likely be to improve their balance sheet due to shortcomings of previous equity raisings and not be to fund a new revenue producing acquisition.
It also doesn't shine the best light on management as I mentioned they've taken steps to rectify this.

I'm no expert but does this announcement mean that Netlinkz have no choice but to take on more debt? I guess this would mean they could maintain their A$15M revenue guidance but it would further push out the time frame for which Netlinkz will become cash flow positive.

I'd appreciate any feedback or information from someone who would have a better understanding than myself.

Thanks guys, have a great day!!