Ann: Supply Agreement with NSW Ambulance Service , page-16

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    re: Ann: Supply Agreement with NSW Ambulance ... http://www.youtube.com/watch?v=1kVICiPwZAU

    "We have been hampered by our share price during the year. As a result we have been reluctant to do a capital raising. This is understandable as the market has been waiting on us for positive news on the sales front.

    We are hopeful that once mass production starts our AutoStart Burette and AutoFlush Technology will be able to make serious inroads into the massive worldwide burette market."
    - Chairman's address in November

    Share price then was around 2.5c - 3c from memory.

    Hence why I can't see them raising at current levels.

    He does mention in the address they will need to raise a substantial amount of money to fund production / expansion etc at some stage.

    This is what leads me to believe a series of announcements are coming, that will pump the price well above current levels.

    He has held off for so long to avoid diluting shareholders, just looks as though it is all coming together now
 
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Currently unlisted public company.

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