Ann: LVT secures $10million debt facility for strategic growth, page-43

I'm pretty happy about today's announcement, share price has been beaten down and one of the contributing reasons for this is that investors have little confidence that the cash runway would hold long enough and that a capital raise may have been necessary.

In a good way, management have somewhat been pigeon holed I feel in that if the share price wasn't this low they may have had a greater cause to dilute a bit further. Instead, they're forced down this road. Which is on display for all that a CR clearly won't happen in the near future. Maybe the price manipulation may stop a bit now and volumes might pick up knowing that shares won't be able to be picked up lower post a dilution.?

Debt isn't always a bad thing, and really they have an incentive to not use the money unless they really feel they need to. You'd imagine that where they may require to dip into this that it will be used toward revenue generation that would outweigh interest repayments.

Time will tell..