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.
SKF Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held