To this end, and in order to facilitate continued growth, we are currently investigating options for a working capital facility.
This has only been made possible by achieving the continued positive operating cash flows over the last six quarters. That said, lending institutions in Australia are still wary of cashflow-based lending to services businesses such as SciDev without a significant asset base to secure those loans.
Shareholders have asked whether we’ll need to raise capital to fund ongoing working capital for the business. I do not believe this will be the case and anticipate the low point in the cash position will come once the final acquisition payment for the Haldon business has been made.
To this end, and in order to facilitate continued growth, we are...
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Last
33.5¢ |
Change
0.010(3.08%) |
Mkt cap ! $63.58M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 33.5¢ | 32.0¢ | $20.18K | 62.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 2500 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
0.010 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 32.5¢ | 32.5¢ | 32.0¢ | 70697 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SDV (ASX) Chart |