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.
This isnt correct. I work with corporate and institutional banks...
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Last
$1.40 |
Change
-0.055(3.79%) |
Mkt cap ! $1.216B | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.45 | $1.37 | $10.72M | 7.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7167 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 10000 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| DRO (ASX) Chart |