I think the question should be - what do they need $5 million for??
If they needed cash flow for normal ongoing operations wouldn't they have done a capital raise? And wouldn't it have been foe 1-2 million like in the past?
I think there is an acquisition about to happen - otherwise why would they need $5 million??
Very good sign IMO - and the fact that they would be loaned that amount shows that the due diligence was sound and that there is a good reason for the loan.
All great signs - expect some news soon
News: HYD Hydrix Says Co Secured A$5.0 mln Finance Facility, page-6
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