With $2.5 mill in the bank, they should at least put $500K into the debt and bring it below $7 mill.
a) it shows confidence in their ability to generate further cashflow
b) it reduces their interest bill by $50k which results in EBITDA going up by $100k.
This is, IMO, the single best thing they can do right now to encourage new buyers....
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.58M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 106981 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 3000 | 1 |
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