capital raising, page-20

Agree. I think the downside risk is small. However businesses can grow the top line but poorly manage their growth. In the medium term you would want the margins to improve as cost synergies are achieved. There also needs to be a time where a dividend policy is created and funds are returned to shareholders. Maybe once the losses are used up and co tax is paid, a small dividend will be paid.

Look I believe it looks good atm but things can go wrong.

I'm just 30, chartered accountant by trade but investor in my spare time and playing with my smsf money looking to set myself up bigtime by the time i am 60. Got the first 100K under my belt, looking for this stock to add another 50-75K over next couple of years. only time will tell