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Duck1bugger

303 Posts.

24/04/17

01:59

Post #: 24224442
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Originally posted by tutes ↑

In an ideal business, there would be no debt, with revenue sustaining the business.

However, debt isn't something to be feared either, if used properly, it can help grow the business. Most, if not all ASX companies would have some sort of debt.

I'd much rather take on debt at this stage than have further dilution, especially in the current environment of low interest rates. It doesn't have to be much debt either, just enough working capital until sufficient revenue comes in.

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When is the qtr results due out?

TV2 Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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