UWL 0.76% $2.62 uniti group limited

If they raise 12 they invest 1.1m into expansions, if they raise...

  1. 1 Posts.
    If they raise 12 they invest 1.1m into expansions, if they raise 18m they invest 6.8m into expansion, they raised 13.2m.nin IPO

    b. Stage of developmentWhile growing at a rapid pace, the Group is at an early stage of development. There is a risk that the Group may not be able to manage accelerated growth, which could impact the financial results and growth funding of the Group, as well as the share price of the Company. Uniti Wireless does not currently generate positive cash-flow and requires funding to expand its wireless network footprint and provide equipment and installation of said equipment at customer premises. The Company aims to mitigate this risk by acquiring the FuzeNet business, which does currently generate positive cash-flow, to contribute positive cash-flow to the Group. The Company also aims to mitigate this risk by engaging Directors and executives who are experienced in managing the cash-flow of a business.
 
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Currently unlisted public company.

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