First time around only about half the vendors took shares in lieu of 2 years interest (no principal). I am still looking at this large longterm debt (vendor finance) which is probably holding back expansion plans, let alone going for another debt to finance the Earn Out (business model would not cope).
The impetus for investors was there the first time around but just raising to pay off debt would not inspire you to part with your heard-earned.
As I said, a moonshot would change this scenery (bit like the C.R. after the BBI hype).
First time around only about half the vendors took shares in...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 525415 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 430490 | 3 |
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| Last trade - 09.31am 28/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |
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