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Ann: Trading Halt, page-22

  1. 1,436 Posts.
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    With Daffas in Europe and nViso an investor in ePat I believe the CR will be handled well for investors.

    RAP raised at 20c went on to 55c, SAS raised at 8c, and again in the late teens and are 20c odd. GSW also raised a substantial amount and they have doubled since.

    To pursue a global opportunity, ePat needs the cash. I believe the option for them was to either rely on commercialisation which takes time to gain traction, or take this raise offer to accelerate the childrens app development and a global presence of ePat.

    Realistically the large revenue deals will flow early to late next year.

    Considering how far they have come in 12 months on a shoestring budget and met all milestones gives me no concern.
    Last edited by RNClarke: 14/09/17
 
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