Has anyone had a good look at engage bdr's cash position?
Their March quarter 4C didnt look good and their recent announcements only talk about revenue.
They clearly needed to raise money, hence they did the SPP, which only raised $200k (after broker's fees and other costs, was that even worth bothering?).
It would be helpful to know if anyone has done detailed research on the cash balance, as I am getting worried about it. Hopefully my concerns are not warranted.
EN1 Price at posting:
12.5¢ Sentiment: None Disclosure: Held
