banks very keen to get the 4m advance back plus 10m in June 2020.
nab know this is going one way (liquidation).
thorny obviously not underwriting as otherwise the raise would have occurred.
arrows commentary is very negative and shows they cannot grow shit!
do not participate!
I'll also mention that at a 20% Vic allocation mro are the first to go. the farms unprofitable already. they are f*ed
RUN.
banks very keen to get the 4m advance back plus 10m in June...
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