Agreed it does look like a duck.... BUT:
- Company’s existing fully-operational systems in Melbourne and Brisbane are on 7-year contracts and in demand from media buyers
- Three consecutive cash-flow positive quarters in FY16
- $2.2M in cash (Jun 30)..
If it was a cap raise, and this pres is being circ, a CR surely must be for new initiatives / growth...?
All IMO...
Ann: XTD Corporate Presentation-XTD.AX, page-6
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