XTD 0.00% 2.3¢ xtd ltd

I don't need a better broker let alone need one altogether. Do...

  1. 1,160 Posts.
    lightbulb Created with Sketch. 131
    I don't need a better broker let alone need one altogether. Do the math, with current CF potential and the existing debt facility, the company can't afford to completely self fund more than 50 new screens this year. If they score a second major deal or more within this year, they will have to raise equity to part fund the rollout of the deal(s). This is not an issue as the IRR on the new screens is high thus raising equity to fund the contracts is value accretive for existing shareholders. Plus the raising provides and opportunity for a few bigger and supportive instos to get on board.
 
watchlist Created with Sketch. Add XTD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.