CDE 0.00% 0.2¢ codeifai limited

Ann: Trading Halt, page-49

  1. 1,220 Posts.
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    I like what I see here. This could be to business what the smartphone was to the consumer. But bigger it could be for both.

    Just my guess as well. All these ANNs are linked by the short duration between them. BoD have clearly set an agenda and these ANN are just been ticked off one by one. To start with, the China label company have signed up, then as part of that deal they have put some money in and received a placement as YPB needs funds (Current TH). Hence a material capital raising.

    Crucially YPB needs funds longer term to enable this recent change in direction to Motif Micro to prosper. Retail investors in small companies (even those in the top 20) are very unlikely to buy in further if their investment has gone south like YPB. So easier for BoD to chase down deeper pockets and what better to start with the Chinese.

    Best for retail funds to come later when price is higher if technology is picked up B2C. But of course that CR it hurts sh because the price is higher.
 
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