So what you are saying with your five minutes working as a mortgage broker is that no company that is not making profits can get a loan from a financial institution.
Which would mean a vast amount of companies on the ASX small caps which are in cashflow negative.
This is simply not correct.
below is VR1 creative financing for $13m in debt facilities company is still hasn't made a profit.
ADO could get finance based on the Grants but have chosen to milk the market.
ADO Price at posting:
2.7¢ Sentiment: Hold Disclosure: Held
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