FDV 0.94% 52.5¢ frontier digital ventures limited

Burning question for me, what will FDV now do with over $60 mil...

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    Burning question for me, what will FDV now do with over $60 mil cash? Existing portfolio nearing profitability so consuming much capital. Why would you do such a big raising if you didn't have a plan to spend it, Shaun would just be diluting himself? Any predictions, would H/c contributors prefer increased stakes in existing businesses or more acquisitions? If acquisitions what's the preferred geography, Latam, Asia or Mid East/Africa.
 
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