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Balance sheet recapitalisation – the sale of the invoice finance...

  1. Warnie
    17,308 Posts.
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    02/05/25
    10:46
    Post #: 78892053
    Balance sheet recapitalisation – the sale of the invoice finance portfolio recapitalises the balance sheet
    providing an additional $4.3m in available working capital and associated operational savings of ~$600k per
    annum.

    Over time and subject to performance of those loans held in the loan book.
    Lets hope the loans are not to FSCO and friends.
    SPX Price at posting: 0.6¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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