CM8 - update on tip. Vendor debt facility extended a further 12...

  1. DollarDan
    1,485 Posts.
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    15/12/16
    17:08
    Post #: 21369365
    CM8 - update on tip.

    Vendor debt facility extended a further 12 months till October 2018.

    Removes pressure on cashflow going forward.

    Significantly reduces the odds of shareholder dilution.

    Senior facility cash payments reiterated with a reduction of $2.6m in last four months.

    $16m MC,

    FY16 net cashflow $7m
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    lightbulb Created with Sketch.  Great analysis
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