No bank that I know of would give me $5M to exercise options in a company that has not generated a history of positive cash.
Cash is hard to come by these days .......however if I could find a funder there would be all sorts of covenants and margin calls attached. I don't need that stress and would rather put my energy into what I am good at, signing more contracts, increasing revenue and growing the company.
Spozzie
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Last
6.5¢ |
Change
-0.002(2.99%) |
Mkt cap ! $49.91M | |||
| Open | High | Low | Value | Volume |
| 6.7¢ | 6.8¢ | 6.2¢ | $78.59K | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 449854 | 6.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.7¢ | 165938 | 3 |
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| Last trade - 13.08pm 18/07/2024 (20 minute delay) ? |
| 3DP (ASX) Chart |