Im generally positive on the outlook if they can resolve the NT licence issues etc. I agree the company has to spend the money to grow revenues. I think they can reduce costs if they dial back the corporate bookie side of the business. The blue sky is in the tote anyway. BUT ... short term I am just being pragmatic. Its very clear they are going to need to raise cash. With the share price heading south and uncertainty over the licencing issue I cant see the raise being done above .30. Happy to get out and wait till its lower and/or issues resolved.
TBH Price at posting:
31.0¢ Sentiment: Sell Disclosure: Not Held
