RCE 0.00% 46.0¢ recce pharmaceuticals ltd

Ann: Funding Update, page-2

  1. 3,991 Posts.
    lightbulb Created with Sketch. 1387
    “Repayment of the total loan amount and interest is due following completion of a capital raising by the Company or within 6 weeks, whichever is earlier.”

    Why not just carry out a capital raising instead and avoid paying interest?
    This company’s achilles is its management.
    Last edited by jcurve: Sentiment should have read = Hold 11/09/19
 
watchlist Created with Sketch. Add RCE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.