SFG 16.7% 0.4¢ seafarms group limited

Dear Stash, there are a number of important in building a...

  1. 504 Posts.
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    Dear Stash, there are a number of important in building a successful business , one of them is low cost low risk capital.
    As you have noticed SFG has tapped the market again for the cheapoest source, the asx , there is no interest charged on the money raised except for the initial 5% fee which is paid in shares, thats smart. It is not wise use banks where possible, they are expensive and have clauses that can easily upend a company and hand controll to others.
    A good sign in this is that management have taken a large stake in the raising, this indicates confidence in the future of the business.
    Also It can be prudent for government to support businesses in times of crisis , Business is Australias biggest employer DYOR
 
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