I reckon this is why it bounced back a few weeks ago. Insiders with knowledge of this impending facility bought back in, as it was clear from the accounts that the company needed money. But just when did the Bulletproof management team start discussing this facility with Moneytech? The timing of that and who had knowledge of it? Not for me to investigate......
The announcement itself..... it's not a very good endorsement of the management/finance team, as companies like Moneytech only exist because companies like Bulletproof need cash and can't manage their debtors.
I think BPF should be back to reporting qtrly cashflow again.
I reckon this is why it bounced back a few weeks ago. Insiders...
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