12% is in line with industry standards? If you look at the SP during October the other option to raise capital/funds was to do a cap raise. It would have been an absolute blood bath if EVS pushed cap raise at 5-6c. What will be interesting to watch will be the ROI from the facility. The debt facility is also multi-purpose in that it can be extended to client contracts and cap ex.
EVS Price at posting:
9.0¢ Sentiment: Hold Disclosure: Held
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