the low cash receipt is mainly the result of the slow summer quarterly sale (July-Sep). Considering the strong December quarterly sales and ramping up the Nanotron-Samrtbow/Zoetis contract, the trend for the company's progress is untouchably there.
The only concern is the cash burn, though the management is trying to conserving the cash.Combing by the flagged potential accretive acquisitions, a capital raising should be on the horizon. I believe that's why some people dumped it this morning as a hot potato. But hey, you make money by spending money.That's the way any start-ups shape up.Management is reiterating that they are considering opportunities to optimise the capital structure by infusion of credit. I am indifferent to both.
We are witnessing a quantity company's growth.
SE1 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held