at least they did not do another placement. that would be more. the debt, the interest part is only circa $4mil, the revenue opportunity is hundred times that so they can easily offset that interest cost with the revenue.
the revenue opportunity is in the billions of dollars and the market of ready meals is not saturated, with only hellofresh the major listed player with a huge valuation. everyone needs to eat. the trends are all in its favour for decades - healthy eating and so forth.
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