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6.12% 5.2¢ sprintex limited

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  1. interestedtoo
    1,485 Posts.
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    09/12/11
    12:40
    Post #: 9416432
    I dont think they need cash just yet. The July rights issue brought in $6 million. Proreka contributed 50% of the $2.5 million JV. They will sell the main Perth production site for about $1 million once the Malaysian production site is up and running. Should be cash flow positive Q1 next year. Trying to stay positive.
    SIX Price at posting: 3.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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