Long-termers are set in SLA. The directors and scientists were a while ago, but since they lost their shares they aren't set, so when they get their oppies back at the AGM they will be set and I reckon then we will see the fireworks, full-steam ahead work and sales that Solagran should be doing. We will likely get a taste of it before the AGM so everyone is happy to vote for their oppies and shares etc.
Only good things happening between now and agm, and accelerated revenues coming through thereafter. No more roadblocks once they're set.
They must need the $$ sooner rather than later, hence the capital raising. Denis would have worked out that it will benefit more $$ in the long run.
I remain confident of great returns this FY, based on Director confidence of same. If anyone knows, they would.
All just my opinion.
SLA Price at posting:
24.7¢ Sentiment: Buy Disclosure: Held