Might see that 0.7 back in front of IKE sp sooner than later.
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68c line wiped this morning...having bought at the recent peak it's nice to see movements back up this way :t_up:.
One thing I've been wondering is how the renewables drive in the US could open up markets for them, I know they are mostly focused communications infrastructure, but what about each wind turbine or solar panel needing an asset record.
Temporary glitch. Dollar by Christmas!
https://www.nzx.com/announcements/341702
Was a capital raising signalled at the AGM just a few weeks ago?
Like all acquisitions time will tell whether this one is successful or not.At this stage it appears to make sense.
With 90,984,305 shares currently on issue the market cap is $57,908,035,so it is not a huge capital raising.
Although we will be deluted with extra shares being issued at 60 cents I will support the capital raise.How much by at this stage I don't know.
It does explain the recent push in the share price.
Looks like a good deal though on the surface of it.