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I think you will find that they are well behind on creditor...

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  1. letsmakemoney
    22 Posts.
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    29/11/21
    12:10
    Post #: 57931465
    I think you will find that they are well behind on creditor payments and they need the cash to fix that problem first.
    My guess is there will be a substantial shortfall on the rights issue and none of the debt will be repaid from this capital raising.
    You are right in your statement "the company seems to be travelling nicely"
    TTI Price at posting: 3.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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