CAT catapult sports ltd
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Ann: Trading Halt, page-43

  1. sacredwhisper
    130 Posts.
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    27/03/18
    16:55
    Post #: 32064367
    Just to clarify a few things:

    Catapult has raised A$159m since going public (including the IPO). Of this $89.6m went to pay for acquisitions and the rest ($69.4m) has been raised for general corporate purposes.

    So before this cap. raising yesterday, they have churned thru $44mill in past 3 yrs.
    That is not an unreasonable number for a Global Leader trying to build a sustainable business...

    Happy to say I don't think they'll need to raise any further capital now.
    The instos that got the placement yesterday are the ones that will clean up if they are new to the register.
    CAT Price at posting: $1.23 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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