VIV 0.00% 2.5¢ vivid technology limited

Ann: Funding Update - Convertible Loan Facility, page-2

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  1. 2,625 Posts.
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    Finally some news, and not terrible IMO. I liked this bit:
    As part of this interim funding initiative, the Board iscurrently assessing options to structure the business for the future. This assessment includes a full review ofthe business operating structure, operating costs and avenues to growth and expansion of the sales pipeline.
    Although it looks like it came about as a condition of the funding whereas it would have been nice if management ha seen that writing on the wall and initiated the review earlier. Anyway it is a slight glimmer of hope that something good will eventuate. Still a long way off and this one is not for the faint hearted. I retain my Sell sentiment but advise all to DYOR.
 
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