Yep, that's a fair call SA. The normalised expenses are likely to be lower for sure. Still quite high and I think, as with many recent listings, the IPO funds raised will just be to get them started but a top-up can't be too far off. I believe that is why there has not been any solid buying, despite what appears to be some excellent announcements from the company.
Time will tell but I got out as I'm very confident it will happen. Not that a CR is the end of the world. It just means a little longer before the sp will take off.
SKF Price at posting:
17.5¢ Sentiment: None Disclosure: Not Held
