RIP TIS will soon be the heading I think. With just $2.7 in cash left at the end of the year TIS is doomed unless funds are raised. See that they intend to raise $15M. Good luck with that don't think the existing shareholders will be too keen to take part. Another $7.4 of inventories written off. How could they have been so wrong? Anyone know what the ex CEO is up to these days?
Ann: Appendix 4D - Half-Year Report 31 Dec 2015, page-2
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