Okay Livas1 - seems like a couple of differing opinions regarding the factoring facility. The facility is for $10mill so I'm not sure how relevant the $2m from MFC other than for general overheads and manufacturing goods for orders not yet received. Surely $10mill of manufacturing will get them to the $20mill revenue this year without too many dramas.
One of my concerns at the moment is that regardless of how good the announcements are, there is not much money going into the stockmarket at the moment, at any level, never mind the microcap. end. BRT can have loads of brilliant announcements but I can't see it having enough liquidity to really go very far upwards and hold the gains. Looks at the share price since the ann's in early Aug.
The significant decrease in AUD relative to the USD is going to have a massively positive benefit to this company now.
- Forums
- ASX - By Stock
- financing
Okay Livas1 - seems like a couple of differing opinions...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online