ABV 5.19% 7.3¢ advanced braking technology ltd

$1.6 mill conv due at 12/2019Anticipated newsflow????Update on...

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    $1.6 mill conv due at 12/2019


    Anticipated newsflow????
    Update on M&A activity
    Continue to investigate M&A opportunities to provide size and scale to the business

    Not sure what they are up to

    Have to reverse loans out of cash
    They need more scale / volume to justify outgoings and diversify away from so few sales clients which they are doing.

    Companys often update for offer as noted above and do it when numbers look their best.
    Be interesting to watch this coming quarter as if they don't get decent income from consulting, fail tender and are back to business as usual the story starts top look a bit bland again.

    I see they say Caterpiller are a client?? Antone know what current or historic product their brakes are fitted to ??

    Last edited by Teddyward: 861 14/08/19
 
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