The other aspect that I forgot to mention in the previous post, with regards to the Appendix 5B. I would be surprised if SFI has eaten into the placement funds ($9.3 million less costs), and since there would have been reimbursement of some costs incurred previously my thought is that unless they have purchased planes, which I doubt, then they should have at least, and probably much more than $10 million in the kitty, and NO debt - the convertible notes were converted on 29 June therefore no debt remains outstanding to Eagleview as of 30 June 2017.
SFI Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held