MMM 0.00% 1.9¢ marley spoon se

Ann: Results of Annual General Meeting, page-35

  1. 316 Posts.
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    After the end of the quarter, we also successfully refinanced our senior secured term loan and announced a $40.5 million equity capital raise. When we complete the expected remaining $20.0 million private placement transaction at the end of this month, we expect to have approximately $80 million in cash, and we expect positive operating cash flow this quarter. Proceeds from the transactions are expected to support our continued turnaround as we drive towards long-term sustainable growthDis-ass-ter!


    downgrade sentiment to none.

    speech-less (13% much less)

    should be an interesting few weeks I'd say.

    better check the MMM bank balance see if there is any dough

    now expecting a cap raise maybe 2:1 @ 10c + 12m option to refi the debt.

    That's the only explanation.

    how much cash does blue apron have?? 80M!

    I bet they would like a piece...

    https://hotcopper.com.au/data/attachments/4411/4411560-dd87b37d0a00a514178ab8e09e1ff345.jpg





 
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