This isnt correct. I work with corporate and institutional banks as clients. They could've utilised invoice finance or trade finance products to fund orders - these let you borrow against client invoices or your own inventory respectively.
They're unquestionably too small for a DCM team to do a bond issue, but so am I and I can get a home loan and a business overdraft account. There's loads of bank products available.
It also doesn't answer the question of a highly dilutive capital raise with special access to institutions who arent already on the register. Especially with a retail offer that was massively oversubscribed and closed early. It's not as if there was insufficient retail support.
Oleg's decisions have been extremely strange and defy most sensible logic.
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