Company Report
Last edited 3 weeks ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#18
Performance (39m)
-9.4% pa
Followed by
72
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#Capital Raise
stale
Last edited 2 years ago

The merits and risks of the business have been well laid-out previously, but if the price action over the long term is any indication, raising additional capital with the share price sitting close to multi-year lows (after a big drawdown from its 2021 highs) is not a great look. Thankfully it isn't a particularly large raise.

#Risks
stale
Added 2 years ago

With Shaun and co. still seemingly keen on acquisitions and cash flow positivity not yet achieved, it does seem to be that there is a decent chance any future acquisitions will be funded with a capital raising. Just something to keep in mind.