this will be a good company; in about 3 years; they need to become cash flow positive so they can fund their growth themselves
today's SPP really shows, though, that no big financier has interest; so it is cap in hand they go; do note that some directors bought recently in the mid 5s; so the lack of money from banks, funders must have caught them off guard
sadly, I think the SPP will not be subscribed much, so with no money, one worries the share may not be popular at any price; management really need to show some sort of cash flow for the next couple of years; they say money coming in soon... but how much?
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