Some interesting comments and questions at the meeting...
- 9SP expects to tap its unused loan facility to cover any cash shortfall until they secure new revenue. - Their goal is financial stability, i.e. revenue greater than expenses. They don't want to be constantly raising capital. - Alium Capital is now the largest shareholder. This is interesting as I assumed Adrian would be #1. Perhaps Alium bought his stake? - The other top five are original shareholders. All based in NZ.
9SP Price at posting:
0.4¢ Sentiment: None Disclosure: Held