Im a bit confused about the CR to be perfectly honest, without looking back at the previous quarter I'm pretty sure their finances were looking pretty good (especially nothing that made me think their would be a CR this quarter anyway). With eagleview funding all of the american side of things, they wouldn't need any cash for that, and i don't imagine eagleview would have taken to a CR too well given they have a pretty big chunk of money invested (and given they've been working so closely they must have known...). Which brings the money needs back to the Australian operations / flying all they surveys they have planned in 2017, i didn't think the cost involved would be massive but i must be wrong. But yes, very confused - hoping theirs a silver lining in amongst this raising somewhere! shall await further information.
SFI Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held
