Smoko, in the AGM to be held. MBE is requesting section 17.01 capital funding for 10% raise. They have stated that they will use these funds for an acquisition/s to really bolster the lead they have or give them a further edge.
Operationally MBE does not need further cash as their coffers are filling up fast from increasing revenue.
Nothing to hold MBE back. The right strategic plan I believe.
the australian - tech company valuation, page-17
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