SKF didn't have any trouble finding extra funding (didn't have to discount either). Wow, who would have thought, and some interesting names joining the register.
Watching others in the tech space, I get the feeling that sentiment is starting to turn.
The strategy seems to be gaining traction, just taking a lot longer than expected. Revenues and number of contracts growing.
We just need one deep pocket investor to jump in and show some 'confidence' - with any luck that might be taking out the corporate note overhang before xmas/new years.
IVO Price at posting:
1.6¢ Sentiment: None Disclosure: Held
