Hmm, I hope not. The spend ramps up over the 5 years, they should be able to meet FY16 from current revenue.
A cap raise would dilute the management share options as well, unless they give themselves more. I would vote against the remuneration report if they do.
There is nothing really new in the presentation. Although interested to see who they appointed as the "high profile sales & marketing executive" and what it cost them to get him on-board.
The sudden flurry of news, while welcome, does make we wonder what is going on.
GRB Price at posting:
5.0¢ Sentiment: Buy Disclosure: Held