It was flagged as an option but it's hardly building confidence when you are attempting to raise money in a RI. Like all these types of loans the interest rates are usurious. The other one is "factoring" invoices - both signal desperation and are inconsistent with A$6,116,427 in the bank on 31/12/2019 and roughly A$5m/yr cash burn. Has something gone wrong - their obligation to continuous disclosure mandates them to tell if they are in trouble.
BLG Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
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