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Baylin Technologies Inc T.BYL

Alternate Symbol(s):  BYLTF | T.BYL.DB

Baylin Technologies Inc. is a Canada-based diversified, global wireless technology company. The Company is focused on the research, design, development, manufacturing and sales of passive and active radio frequency products, satellite communications products, and supporting services. The Company’s products are marketed and sold under the brand names Galtronics, and Advantech Wireless. The Galtronics line of business designs and manufactures innovative wireless antenna solutions for customers embedded and infrastructure enabled products. The Galtronics line of business is comprised of two business lines: Embedded Antenna, and Wireless Infrastructure. The Satcom line of business designs and manufactures customizable satellite RF products for highly specialized wireless communications markets and for commercial, critical infrastructure, government and military clients. The Satcom products are manufactured at the Company's facilities in Canada and the United States.


TSX:BYL - Post by User

Bullboard Posts
Post by zero2millionon Nov 24, 2016 12:05pm
101 Views
Post# 25508822

Public offering

Public offering This is a good strategic move in my opinion. Their cash flow is tight and they have also decreased their cash on hand significantly due to te turn around.

I think they will raise the money quickly. They are a fiscally responsible company that is growing and is acheiving good results. The proceeds they raise will be put to good use.

This will however increase the amount of shares, which can lead to dilution.
Given their performance in the past few Q's, I dont think this will have a negative impact overall.

Just my thoughts.


Bullboard Posts