ST1 0.00% 5.4¢ spirit technology solutions ltd

Ann: Trading Halt, page-7

  1. 5,184 Posts.
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    So what's the difference between a "capital raising" and a "material capital raising"?

    I'm only guessing, but I expect the word "material" was used deliberately to indicate there is a definite use for the funds.

    Capital H in their research report mentioned one of their investment reasons in ST1 was because of probable acquisitions.

    I therefore expect this announcement might contain details of a possible acquisition, or they are getting prepared for one.

    Again, I can only hazard a guess as to the capital raising price, probably about 2.7 cents.

    It's a good buy.

    Gw
 
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