It will be interesting to see if they can organise some sort of short term debt facility (be it at a high interest rate) until such time that the same price recovers significantly.
There appeared to be some urgency in commencing the arrangement with Infineon (there was no reason given as to why the CR couldn't wait until after PL6 results were announced). Some have speculated that Infineon had offered an available time slot for the design work, but this needed to be taken up or lost. I can only assume there was a very good reason for not waiting until after PL6 results .......... I'll re-phrase that .......there had better have been a good reason. Just another thing that would have helped explain the sudden CR plan ...... at a very odd time.
AIMO
4DS Price at posting:
4.6¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)