RE: Figures12 Oct 2022 15:32
Just to labor my point a bit about what I said earlier ‘They are way too far down the road and near the finish line to fail now’
You could look at DVRG now like a company that’s just spent the last few years and millions of pounds inventing a new type of e.g. car. They are already selling some and they know they can sell lots, lots more but one problem, they are running out of wheels to put on them and in order to get them they need to place a multi million pound order which they don’t currently have the funds to do so.
From an investment point of view its low risk to give them the money compared to a company just starting out with a good ‘idea’.
If they fail the Mezz loan doesn’t get paid at all, people lose their jobs and something so close to being a success turns into a ‘if only’. No winners, but yet a few million £’s (not much in todays world) the products already good to go, get sold, loan paid off, good for the economy, clients, investors, government etc.
It will not fail on a small loan repayment and being in the good position to need to expand to meet demand.
Whether a takeover, new loan terms, new investor money I’m not sure but something will happen to get this back on track because if a company is already turning over millions of pounds, has good products, valuable data etc, The money doesn’t sit back and watch it get binned so everyone loses money.