HHI 0.00% 0.5¢ health house international limited

Ann: March 2023 Quarterly Report, page-10

  1. 124 Posts.
    lightbulb Created with Sketch. 57
    Yeah, that's why you do the recap, use the $5m raised to repay the debt.
    Then you're left with a $6m MC for a growing company heading to FCF positive.

    That's what smart people would do - not give it away at a price of 4.3c to a company trading on 1c lolz (which is also loss-making and with other issues)

    Drawn debt $5m:
    https://hotcopper.com.au/data/attachments/5212/5212536-a957d5b8cb5c4d0b8b193d47ba68f39f.jpg
 
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