Nup the banks will end up with their money and shareholders nada...nothing! The co had 21m cash and all this was from the draw down of 41m facility...Endevour 84m in cash and ALL debt funded... all up prior to Endevour the co purchased over 200m in goodwill!! with approx 5% in 'hard' assets now....with over 80% of their revenue from Govt funding the co is hitting a brick wall and fast!!
VET Price at posting:
25.0¢ Sentiment: Sell Disclosure: Held
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