Increasing funding via debt opposed to a capital raise is always preferable IMO, provide the level of debt is in keeping with future EBITDA. Future EBITDA is now dependent on cost containment (yet to demonstrate on a sustained basis) as well as continued growth (already demonstrated). These now rate equally in terms of importance. Up to Management to find that balance. They now need to walk the talk. Stage is set. Will be monitoring closely over the next 9 months.
Rokewa
Ann: Xref Secures New Debt Facility, page-3
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17.5¢ |
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Mkt cap ! $33.09M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 43955 | 17.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1568 | 1 |
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