This is the first time the company has used its Balance Sheet to secure funding, instead of equity.
Although it is early days, this contract suggests credit providers now see the company as credit worthy. In my view, this is a positive step in the development of a start up growth business.
Am loving the share price being available to any would be investors at 15c when sophs coughed up 16c. I'll buy a dollar for 93c whenever I get the chance. (This is not advice)
Ann: Inventory facility to fund strong online growth, page-10
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.48M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $56.66K | 8.547M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 33856746 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 11143543 | 10 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| AUK (ASX) Chart |