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727 Posts.
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18/12/19
10:24
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Split will be roughly
1M for working cap
600 650 for machine making (big order coming?)
300 for a perishable food facility (hmmm)
The split is clear on what's coming. Adam did participate too.
It's just that a raise at 12.5c is lazy, as it's the all time low.
I'm happy that they raised abour 2 M at a maximum, because for the rest, we want DEBT. Debt has never been cheaper. It's time to use debt.
Also hopefully, bakers young are paid in cash, and not in shares so that they don't cap the SP price rise when the good news start to drop.
So that's mostly a good thing, its just that raise being at 12.5c which I don't understand.
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