GREY:LFDEF - Post by User
Post by
Trelawnyon Mar 06, 2017 7:26pm
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Post# 25940771
Another perspective on a BOT deal... and its benefits.
Another perspective on a BOT deal... and its benefits.Hello,
I see quite a bit of hand-wringing around this BOT deal.
I believe that this raise will actually propel the stock higher - as it takes the risk of a financing off the table, and gives them the financial strength they need to get to profitability.
Further, I believe that near-term revenue growth will dwarf any ill effects from dilution.
The key reason for the raise is for working capital needs to deal with the build out of the Optisar Constellation.
Kazakhstan has announced that they have agreed to the contract terms with UR. This is not the same as having a firm contract - but it is a step in the right direction.
Here's the link:
https://gharysh.kz/en/news/1428.html
Additionally, they have been increasing sales from their current services and constellations. And those increased revenues appear to from building out and restructuring their sales team. Therefore I believe that the sales momentum will continue.
I hope this helps a bit.
Best regards,
Colin Fisher, President and Portfolio Manager
StableView Asset Management