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clock Created with Sketch. 18/02/17
08:20
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Originally posted by Nick Miller
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A repayment on the debt is due in June 2017 when amortisation commences. Whilst the amortisation schedule (amounts) were not disclosed, the commencement of repayments was made abundantly clear. That now seems near impossible unless their projections for stronger H2 FY17 revenue come to fruition, however they still need to generate a profit on those numbers. Revenue in and of itself won't repay the debt.
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Lets wait for the 1H numbers.
(20min delay)