CI1 0.00% 11.0¢ credit intelligence ltd

Ann: CI1 Draws Down $2m on Equity Funding Facility, page-32

  1. 574 Posts.
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    To be fair I can't really see the big positive in this announcement. They are just borrowing for further development and expansion and some for credit in Singapore (which for that one is a positive being a yielding investment). Normally drawing down on borrowing facilities without a major new initiative doesn't make anyone jump for joy. Not a negative in this case, but can't see the big positive beyond what we already know.
 
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