Amazing how in this credit constrained world ssi is able to pick up 20m worth of funding without too much trouble. But that 20m in convertible notes will translate into a lot of shares, massive dilution and a new major shareholder (would be interesting to know name of the investment bank). I see the listing on hangseng as a good thing, makes sense.
Unfortunately bottom line is ssi still losing money...
Amazing how in this credit constrained world ssi is able to pick...
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