SP3 0.00% 2.1¢ spectur limited

Ann: Spectur Update R&D tax return advance, page-4

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    Dyson talks up how well the business is performing etc etc, but when the rubber hits the road, it's borrowing money from shareholders, raising capital, and now taking out loans at 16%!!!

    Funny how after 5 years in the business, he has not once delivered a profitable year and is now borrowing money against expected tax credits!!! Someone needs to explain the math to him....$3k in sunk costs is a lot cheaper than 16% on $270k......~$3.6k per month in interest!!

 
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