Zero chance of a capital raise. $4M in the bank plus $3M options exercised in the last few weeks plus $7.5M drawdown debt facility available. So, best part of $15M in current cash and existing credit to draw on. On top of that the company is cashflow positive. The only small chance of a capital raise would be off the back of a mega acquisition, but even then it would have to be in the many tens of millions, which would be a game changing event.
TNT Price at posting:
23.3¢ Sentiment: Buy Disclosure: Held
