Cannot see a cap raising happening at all in the near future. Have close to $3M in bank and both Tempo Industry & Tempo Construction and Maintenance will be bringing on good Money from next quarter onwards.
Last announcement Wright noted that there is not a planned raising as he believes that both business are primed for growth organically,
Im expecting a good announcement to come out within a week or two as last announcement Wright stated that Tempo Construction & Maintenance will be mobolising in Jan 2013in relation to maintenace and sustaining captal works project. This could only mean a contract IMO.
DYOR. Good times ahead. I hold.
TPP Price at posting:
9.0¢ Sentiment: LT Buy Disclosure: Held