X2M
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2.44% 4.0¢ x2m connect limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

  1. LD99
    6,980 Posts.
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    28/07/23
    09:26
    Post #: 69030006
    $1.8mill cash left with $2mill loan drawn down.

    Are they going to have to raise AGAIN?

    Surely they can minimise dilution by just raising a boat load at current prices and roll out until cashflow positive, why the constant juggle between the two and extremely lumpy cashflows?
    X2M Price at posting: 5.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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