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Ann: Establishment of At Call Funding Facility, page-7

  1. 4,061 Posts.
    lightbulb Created with Sketch. 1377
    Hi Minoil,

    I agree with your post above.

    We have currently a situation, where if I can use Dr Tillett favourite saying. smile.png

    It is the Chicken and Egg scenario.

    So with this funding placement, it gives us the option to purchase the hardware upfront when we have an increase in new customers.

    https://hotcopper.com.au/data/attachments/4887/4887472-33847f3f2d24e7e8be980cf7866c7789.jpg
    Know if we cast our mind to September Quarterlies, management have left us with some very important news.

    https://hotcopper.com.au/data/attachments/4887/4887488-1f4b6362cf503fdd26712e89a31834f6.jpg

    If we take a closer look at below, they did mention, strong outflows for hardware.

    https://hotcopper.com.au/data/attachments/4887/4887496-b7f70ad4c44ebdb94f5fdcad6b8f0d94.jpg
    Suspect that in the next quarterly we will have Item 1.2 (B) increase substantial.

    https://hotcopper.com.au/data/attachments/4887/4887498-47cfc09445aa4fca2923ae3e2344091b.jpg
    Also we will also see Item 7.2 have this box with a figure.

    https://hotcopper.com.au/data/attachments/4887/4887506-8a3fd9a22b167a0d14bd28ab7ba0055e.jpg
    In all can not wait for further announcement from the company, stating that we have signed up, very big customers, where we currently have the chicken and the egg scenario, where we need funds for the upfront purchase of the hardware and will see repayments made for this through the Call Funding Facility.

    IMHO.

    Regards

    Rossi70
 
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