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VIV vivid technology limited

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Ann: Funding Update - Convertible Loan Facility, page-4

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26/04/19

23:31

Post #: 38284240
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Originally posted by BWinter ↑

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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“currently assessing options to structure the business for the future.”

This sounds ominous.

VIV Price at posting: 2.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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Ann: Funding Update - Convertible Loan Facility, page-4

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