WHK 3.85% 1.4¢ whitehawk limited

Ann: Working Capital Facility Update, page-2

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  1. 1,631 Posts.
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    Whilst I would prefer that WHK don't need to tap Riverfort for some funds at all (due to really strong cash flow generation), at least they have done this at a price of 7.7 cents.

    Which takes advantage of the recent surge in SP.

    Despite a few delays, I also quite liked this statement from our leader:

    Commenting on the implementation of Share Purchase Agreement and Equity Swap Agreement, WhiteHawk Executive Chair, Terry Roberts said “While our operations, product development, and customer delivery have not been impacted by the Global Pandemic, we have seen some delays in contract vetting, procurement and finalization.

    However, we have also seen increased cyber risk awareness both in the US and now in Australia and as a result, we are expanding our opportunities, actively and effectively working up to 10 leads for each product line, to include doubling down on US Government and US Federal Contractor opportunities for the rest of 2020 as well as planning new sales channels in Australia.”
    Last edited by Brett M H: 01/07/20
 
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