@RedRocket005 "At present the company has circa $10m of cash at its disposal (cash plus debt facilities) which you could assume can support another circa $45m of revenue. Would you not agree?".
No, I don't. That's my point. They only have about $4.2m spare (assuming they keep $2m of cash in reserve) which will support about $23m more in revenue.
Who said anything about a CR? All I said was that they'd probably need an extra source of funds to fund WC in 6-9 months. It is likely that the CLs will be increased as revenue increases.
HLF Price at posting:
11.5¢ Sentiment: None Disclosure: Held
