Someone correct me if I’m wrong but I don’t think they had any ‘debt’. It mentioned 6k that was extinguished by shares.
My guess is the bank balance went to 0 before this placement so one of the sophisticats lent them 6k to pay a bill or 2 till it happened.
Fingers crossed this was a small placement because it’s the last..
- Forums
- ASX - By Stock
- Buyers drying up . . .
Someone correct me if I’m wrong but I don’t think they had any...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)