SYG synergy equities group limited

Unfortunately smoketown another capital raising is imminent....

  1. TDS
    725 Posts.
    Unfortunately smoketown another capital raising is imminent. You'll notice the share price is already factoring this in. There is no way (unless a miracle happens) that they will be able to continue as a going concern without one by the end of this quarter. If their costs are down, they may make it into the next quarter but they will be cutting it fine.
    Biggest problem will be finding investors interested. Don't be throwing good money after bad money as they say.
 
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