SITM hit the nail on the Head
when he said the debt is the issue
A nail which has been hit many times already,
Normally nails hold things together
This Nail however has torn ISF apart
The question is, is there any way ISF can get funding to survive when debt is so many multiples larger than its worth i.e Market Cap.
Take over now is also unlikely?
If ISF cant get some funding some how, potential purchasers would rather wait and pick over the carcass if ISOFTs debt crushes it.
It would be Sad to see a company in this huge future growth sector come to a end.
- Forums
- ASX - By Stock
- ISF
- isoft debt
isoft debt , page-11
-
- There are more pages in this discussion • 3 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 ISF (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