Would make good sense indeed, although profitability is several years away and taking on debt would set it back. Debt can be used constructively and is superior to equity in this case. You'd have to know the reasons for the company not taking on debt - they are not apparent
On Track to Profitability, Price Target Increased (MST), page-18
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.10M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 22.0¢ | 20.0¢ | $89.91K | 431.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 63999 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 97558 | 1 |
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| Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
| EYE (ASX) Chart |