MNY 0.00% $3.15 money3 corporation limited

Ann: Additional $10m funding-MNY.AX, page-4

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  1. 1,408 Posts.
    End of October and they are drawing down another 10 million. Demand for their product must be strong. The number one issue facing Mny is sourcing significant debt at a reasonable rate of interest. 30million at 12% is nothing more than short term . Starting at 12% is a tough gig. Surely this increases the risk profile in the business.
 
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