Money in the bank could could be used for R&D as you said. Also means they have a good cash position for potential acquisition that aligns with the business.
The business may have also been pursued by an institution to perform a cap raise as well. Give them a chance to take up a position in the company. I'm not a holder yet but would be interested to look into who managed the cap raise.
Money in the bank could could be used for R&D as you said. Also...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
