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re: cap raise at..? Boardy,Not much to say about MOD currently....

  1. freakme
    1,100 Posts.
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    10/11/04
    14:43
    Post #: 650476
    re: cap raise at..?
    Boardy,

    Not much to say about MOD currently. They need a suitcase of cash so they expedite the commercialisation of the 'Accumap' technology in the US, and a thorough restructure to take the company forward.

    Somewhat disappointing ann released today. I envisiage a Cap raising around 0.045/0.05c level.

    Currently, the mkt cap of MOD is only $4.35mill. This is unsustainable for a product that has FDA approval.

    Cheers Freakme
    MOD Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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