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1.8¢ marley spoon se

2,500,000 a year in interest alone. That's a lot of meal...

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Wizardwiegy

2,184 Posts.

660

21/11/19

19:10

Post #: 41563825
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Originally posted by Ferriz: ↑

Last resort!

This is a 'senior secured debt facility' with 12% interest p.a. + 2.5% at the end + $3M warrants (6% of Mkt cap).

GSUS, that is expensive!

If that's the best deal MMM can get (HQ in super-low interest country Germany), then their creditworthiness must be almost non-existing.

This ship is sinking. Now upside potential insight for the next two years.

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2,500,000 a year in interest alone. That's a lot of meal kits haha. Thumbs down

MMM Price at posting: 32.5¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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