EVS 0.00% 5.4¢ envirosuite limited

Funny how they say they dont need to raise capital to get to...

  1. 1,055 Posts.
    lightbulb Created with Sketch. 80
    Funny how they say they dont need to raise capital to get to cashflow positive!

    That is why it is really hard to trust this management!

    I get the feeling that the market finally cottoned on to all the rose coloured projections and then pushed the price sub 6c coz they knew management couldn't be trusted when it came to requiring more funds.

    At 6c though I think quite a lot of risk has been baked in though I guess it depends on how well they use this debt facility.
 
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