The point is their currently cash flow is already capable of paying the loans down at a reasonable rate.
The main borrowings were calculated on the new enterties existing cash flows, just the same as you would calculate the profitability of borrowing to buy a truck and the returns you would gain on the contracts for the vehicle.
Business can not expand without borrowing, and most companies have some form of debt.
Off course the obvious goal is to be debt free, which will come as the business grows.
The point is their currently cash flow is already capable of...
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.120M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 131578 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 150000 | 1 |
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| Last trade - 10.01am 29/07/2025 (20 minute delay) ? |
| CMO (ASX) Chart |
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