MYG 0.33% 75.3¢ mayfield group holdings limited

With a mingy $4m in the kitty with the additional "loan"...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10
    1,724 Posts.
    lightbulb Created with Sketch. 228
    With a mingy $4m in the kitty with the additional "loan" (inferring SFA cash left before it), and a capital payback of at least 3 years the company WILL NEED ANOTHER SUBSTANTIAL CAPITAL RAISING before it even sees a debt offer let alone drawdown. Moreover the debt will likely not be for the full project build.

    To those reading the pump-up posts speculating otherwise...You have been warned.
 
watchlist Created with Sketch. Add MYG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.