I used to hold, but sold out a few months ago. I believe the...

I used to hold, but sold out a few months ago. I believe the company should do well into the future, and I agree with ThoughtfulB that a slow expansion into Vietnam (and further across Indonesia & Myanmar) would be my preferred approach.

However based upon the announcements the company is always eyeing off new markets (eg Australia ?!) and always looking for acquisitions. So I assume this would require capital raising. I'm not against cap raising for such small companies (that's what share markets are for) - but when SRY is undervalued as much as it is on the ASX, cap raising at undervalued levels to institutional investors really dilutes existing holders. This is the main reason I sold out.