MSM 0.00% 5.9¢ msm corporation international ltd

And the next quarter they are going to spend $1.6m and you are...

  1. 6,926 Posts.
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    And the next quarter they are going to spend $1.6m and you are back to square one.

    Default was my favourite word in the whole thing.
    Never seen a company talk about possible default in a quarterly before. That’s a first for my eyes.

    “The maturity date for the loans is the earlier of completion of a capital raising by the Company of at least A$3 million, six months after drawdown or at the lender’s request in the event of default.”
 
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Currently unlisted public company.

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