There’s a lot of talk about Siemens, and while it would be great if they put up some money, I don’t think it’ll happen at this stage.
The company made it very clear that a cap raise was necessary, but as many have pointed out we never really expected it this soon. I mean, they haven’t even told us the sites for the trials, let alone submitted an ethics application yet! It’s very odd timing. I guess the question is if there is any substance behind the odd timing?? We’ll soon find out, but I won’t be holding my breath.
IBX Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
