Well Snoball
1) This is the time of lowest interest rate in the world, why not use credit facility. Borrow at 5%. Why dilute shareloders value.
2) Some basic mathematics:: If company build business on credit facility at 5%(let us say 10 Million Dollars). (Assume one year from now they are successful in getting FDA approval: As expected). At that time share price will be $1(Let us assume).
Net Expense :: 500,000 dollars only(interest on 10 Million borrowed money).
ROE will 1500 percent. THAT IS HUGE(BIG BONANZA FOR SHARE HOLDERS).
Well Snoball1) This is the time of lowest interest rate in the...
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