Timber!!!
50% down in 10 weeks!
How do they stop the spiral with such a low equity base and proportionately a huge negative cash outflow?
Need to raise more capital but can they get it away when brokers are away in Palm Beach all of January and past CR participants have been toasted, will they have the stomach to average down?
Pay Later indeed!
News: OPY Openpay Upsizes Existing A$25 Mln Corporate Debt Facility, page-34
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