SKF 0.00% 16.0¢ skyfii ltd

Ann: Half Yearly Business Update, page-2

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  1. 626 Posts.
    This is new, and I like it.

    • Strong cash position of $5.0m – Skyfii enters the new calendar year well-funded to continue expansion
    • Advanced stage discussions for significant expansion opportunities into the US market
    • Further contract and partnership announcements expected in 2H16 which when combined with all of the above gives the Company confidence of a very strong 2H16

    I don't recall SKF having under-delivered on any embellished claims yet so seems fairly promising.
 
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