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04/20/21 7:44 AM

#338099 RE: Amrsto1000 #338098

Amrsto1000, I will be happy if they stay profitable each quarter as they only just reached the point where they start to close quarters with profits.

Then again, of course 10, 20,... cents would be great.

I have no idea on what the cash will be used for other then what was told to us. I do however know from experiance that the marked does not respond well to companies that raise cash and then just sit on it without any further explanation.

So we know that unlisting CDMOP was one thing they'll use the cash for.
Capacity extension was another (Phase 1 and 2 and possibly some more).

What remains, plus what accrues, can go to:
- more capacity extension
- activity extension (fill, label, ...)
- some own building facility (labs/manufacturing, maybe not offices).
- acquisition (although I figure you won't have much for the remaining cash)

Acquisition would, IMO, not be a good investment. CDMO has proven that it can build top-notch facilities and there is no reason to over-pay by acquiring other facilities. UNLESS of course there is an urgent matter or if the type of activity is something completely different then what CDMO is currently doing. That would then be filling and the sorts.
Here again, one would thing you'dd like to have all that at one location and avoid all kind of expensive and time consuming transports.