CELM - I understand why people are weary. Management's position according to the CC is and time will tell if they live up to this:
Q: 30M in cash do you need capital raises?
A: Identified a few targets. If share price depressed then use cash. If reasonable then use cash and stock. If need cash then working capital pressure. Most companies a good but can't expand because facing working capital constraints.
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Personally, I can's see how they avoid a significant cash position or indeed all cash.
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