KZL 0.00% 12.0¢ kagara ltd

Ann: Kagara Completes A$25 M Capital Raising , page-14

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  1. 2,178 Posts.
    lightbulb Created with Sketch. 27
    No shortage of armchair experts with hindsight.
    suspended again, tut tut.

    A nice spray that does not display any knowledge of KZl history and conveniently deletes the GFC from recent history.

    Any company in a massive growth phase needs to borrow money, if they happen to be unlucky and get hit by a once in a hundred years financial crisis then they would usually die, OZl with more than $1b in the bank almost died.

    KZl also survived but were almost wrecked, i think they did well to still be in Business with all their assets still intact. unlike Ozl which sold the family silver to stay in business.

 
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Currently unlisted public company.

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