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so the company basically assumes the IDC loan will be confirmed...

  1. Protagonist
    6,922 Posts.
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    04/03/24
    09:10
    Post #: 72724771
    so the company basically assumes the IDC loan will be confirmed by a certain point in time which obviously doesn’t happen, and as its waiting it allows the treasury to dwindle down to almost nothing, until finally it is left with no choice but to rush a desperate raise at a multi year low - and somehow that disastrous chain of assumptions, misjudgments and inability to actively manage risk is simply a case of “bad luck”?
    MNB Price at posting: 9.2¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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