These announcements are a stark reminder of the difficulties the company faces.
The $25K monthly repayments don't even cover the 7.48% interest repayment if the loan was fully drawn down and not offset.
They have a very ambitious business objective in an area where they from our observations are inexperienced.
If you can't hang your hat on your past financial successes in this sector, how do you expect to take the market with you on an even more ambitious objective?
The business has been in a downhill spiral since 2012.
This is not advice, DYOR.
These announcements are a stark reminder of the difficulties the...
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