As of the last financial report, Australis had about $6 million in cash, and only $1.4 million in debt. The company projects 5-year revenues of $100 million with strong EBITDA margins." "As the company continues its expansion, access to capital will be vital." I agree the possibility of another capital raising may weigh on the SP but am hoping that what remains of the $6 million is still in $AUD, which is strong at a time when the Viet dong has been 'donged'.It may be enough to tide them over until the SP gets a bit of traction from good reports.
AAQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
