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We all hate these raisings, but when they need money they need...

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bells01

639 Posts.

27

22/10/15

20:03

Post #: 16233856
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Originally posted by bells01 ↑

Do you think it is worth a gamble? If it doesn't show massive sales though, is it worth throwing the baby out? I wouldn't think so given stocks like 1pg and cvt get backed in on the potential of revenue coming you just have to be able to see the pipeline they are chasing.

The $1m is interesting, maybe they are banking on revenue being able to pay it off quickly, or maybe another funding source, who knows. Not important really.

TLS run rate, is important to see, also any indication of a long term funding plan. Not having to come to market anymore will be a big tick and everyone can hopefully stop critiscing the money issues and focus on the business and sales.

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We all hate these raisings, but when they need money they need money. The story hasn't changed each time.

IWG Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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