Man this Crazy Credit terms they signed will break the neck or as I know the Arabs - they will take over the company. Many new stocks need to flow the market to generate cash to survive the next couple month. They only agreed to this crazy credit terms as they have been sure they can pay back in a short term. Will not happen in the next 6-12 month (just speculative ) but even if it’s only 3 - no more cash. And remember until now there have been many delays so even without the new delay the credit terms is eaten the company. Soon they will have to transfer ownership to the lender .
- Forums
- ASX - By Stock
- KSS
- Ann: Kleos Launch Team has Departed for India
Ann: Kleos Launch Team has Departed for India, page-65
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KSS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online