CDY 1.43% 7.1¢ cellmid limited

https://www.copyright link/street-talk/blue-ocean-raising-for-antiaging-...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 458 Posts.
    lightbulb Created with Sketch. 130
    https://www.copyright link/street-t...or-antiaging-products-company-20180729-h13at7

    I agree with Pharmargeddon that the current price should not matter soon if their strategy proves right. And I still believe this is a buy and intend to hold my shares, however I am confused about the timing, sizing, and price of the capital raising. I am very keen on hearing about the strategy behind this big a raising.

    Many, including myself, are assuming that profitability is close. I was considering the possibility of another raising of $1m-$2m to fund the next steps (ULTA, Sephora, Europe, maybe a TV campaign). However, I was expecting a raising to sophisticated investors such as Dennis Eck. Maybe reading between the lines, the word "rapid" in the latest investor presentation was actually a hint that things could go fast now, and that more capital would be required. Maybe this is finally a stroll away from the baby step approach of the past years.

    Regardless, if they need this much capital for evolis alone, then there must be something big on the horizon... There better is.
    Last edited by mightypirate: 30/07/18
 
watchlist Created with Sketch. Add CDY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.