"Debt is fine for an established company with a secure portion of revenue, for example shopping centres with major entities (banks and supermarkets)."
If that is the case Jumpstart why did the company say this ? - Brett this also answers your question - On face value a loan at 7% would have seen more dividends in shareholders pockets than dilution at $2.50 with a free oppie, Jumpstart I concur the devil is the loan conditon fine print ?
reserves, page-57
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