Member Info for Brassneck

I'm in the same place Eddie. The fact they only went for a $25m facility says they are confident on cash position. They had $37m at the last TU and need to find $60m to complete Yume. So $62m and on face value a $2m buffer based on those numbers. If they felt there might be more cash burn or were less confident of cash generation in Q3/Q4 between now and completion of the transaction next year they would have got a bigger credit facility of $30m+.

Bet they're up to 0.1% already Stt. I'd be amazed if more than 10% of shareholders actively voted against the deal.

Interesting to see results out later than normal. My hope is that they will comment on Q3 performance and be able to evidence the cash position improving as a result of profitable trading and the unwind they talked about in the last TU. Given 2 of the 3 months will have completed a bit of forward looking comments would be helpful to the share price. They've already trailed the key metrics in the TU for half year. I guess another reason could be linked to YUME timetable and/or SEC filings etc. It feels as if Ted is looking to communicate better even if us PIs will never be happy with what they do put out!