SDV 0.00% 41.0¢ scidev ltd

early signs of a breakout out..question mark, page-15

  1. 1 Posts.
    The Intec forum also states that even though they have shipments contributing to cashflow, this will not contribute much to 'significantly reduce the finance required'(Posting 12 Dec). This is due to general operating expenses and Burnie Demo plant ops.

    There is general uncertainty in the overall capital markets/sharemarket, therefore investors are looking to invest in:

    i) companies with strong balance sheets
    ii)companies with low gearing

    As well as a general weakness in commodities, Intec needs to raise a large amount of finance, and their balance sheet isn't that strong. In 2008, when the plant is ready to go, cash flows will be a lot stronger, so with all the uncertainty, there are probably better places for cash until later in the year when their tech is coming on line...
 
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