''Where as a small/ micro cap stock listed on the ASX borrows from a bank and also takes from investors giving free shares of the business in return. Under these extremely favourable conditions if they still cannot have a successful business plan it shows the lack of ability of the current business.''
West coast, 2 CR's and SPP raising well over $20m and now a $6m CBA loan used for various acquisitions and still just turning a small NPAT or even loss ( after capitalised wages etc expenses )- years down the track imo clearly shows business model has been a disaster