Who approached who , They are just investors in various companies in the payments sector. Unless they plan on taking them all over , developing new products and systems to become a powerful force in the sector i cant see the benefits yet. Yes the money keeps MNW in business for another 9-12months or so unless they have to repay their loan facility off. SPP seems ok especially if you sell some at 7.5c to fund them.
Ann: Successful Completion of Placement to Strategic Investor, page-4
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