I don't think so. A cash balance of $2.4mil when they used $1.4Mil for the last quarter.
I assume the repayment terms on the bank facility aren't ideal. Might as well dilute shareholders and give shares to a fund. Sadly that's what they do.
Next to no chance of a SPP to retail investors.
I still say their product is too expensive for a 500ml bottle and I doubt it's anything that spectacular to what you can buy out of Scotland.
Ann: Trading Halt, page-4
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