Post by
hoffbag on May 30, 2021 2:03pm
Growth
Appears to be coming through a customer announcement (expansion of their product sales to other markets JNJ). Profitable business with opportunities (one that is even game changing) and growing base locked in means it's time to up your game. No need to raise additional capital yet. I am sure they can self fund some additional bodies to speed up the prod development cycle. Even with new plant in Germany, finance through debt. With a growing base biz and 50 to 60 million dollar market cap, 10 million is available at reasonable rates given that the plant is being built to meet a customer commitment. One characteristic of a company capable of compounding your investment is its speed. Cycle actions faster.
Comment by
prophetoffacts on May 31, 2021 11:39am
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Comment by
prophetoffacts on May 31, 2021 12:07pm
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