ISD 6.67% 9.8¢ isentia group limited

"Why not raise $20m with their biggest shareholders so they can...

  1. 7,936 Posts.
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    "Why not raise $20m with their biggest shareholders so they can average down and to pay off the debt?. "

    Totally unnecessary [*], given the free cash flow characteristics of the company means that the balance sheet will repair itself pretty quickly by purely organic means.

    [*] And, worse, very undesirable from the standpoint of minority shareholders given the dilution they would suffer.
 
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Currently unlisted public company.

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