Saferoads Holdings, page-2

That's interesting info uawkn. Did Darren give any indication of what the funds from a capital raising would be used for?

At 31 December they had $800k in cash and they were cash flow positive. So no 'need' for cash, ie. they weren't running out.

But they still had $2.7 million in debt. It would be good to get that right down imo - who knows what's going to happen with the economy and interest rates. A fully subscribed 1:4 rights issue at 10c would raise $900k and then they could perhaps be debt free some time in 2018 (if current trends continue).