CM8 5.41% 3.5¢ crowd media holdings limited

Ann: Trading Halt, page-20

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  1. 1,269 Posts.
    lightbulb Created with Sketch. 46
    I hope you're right.

    I despise CM8 having to fork out 15% interest to Track guys year after year...
    I despise CM8 having to wait 90-120 days for telcos to pay up, and I despise banks refusing to give CM8 a working capital loan at acceptable bank interest rates to cover this very safe timing issue.

    And I would love CM8 to clear that convertible note loan early.

    So a cap raise at a premium would make me happy, as would a rights issue at a heavily discounted price...but only if money raised is used to clear the debt and to help CM8 win a small, regular bank loan to cover the time gap between payables and receivables.

    (And I wish the telcos could be somehow made to pay up sooner...)
 
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