DMC 0.00% 30.0¢ design milk co limited

From the recent announcements it appears the only debt is one...

  1. 647 Posts.
    From the recent announcements it appears the only debt is one convertible note which they plan to pay off from cash flows. I would have thought that they would be able to get a bank facility shortly if the 5M is insufficient for their growth prospects. Surely that would be preferred to another raising under 3c.

    That said I'm not sure how happy a bank would be looking at INT's recent results.

    I think that they can get money if they need it, but where do they get the people to do the work ?? How do you go from 4M turnover to 12M (likely) with less staff ??
 
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