RE: Opening price27 May 2023 16:13
The debt is very low in the context of a growing company, for 99% of companies thats how they grow quickly, with loses being normal for the first 3 or 4 years until they swing into profit. Also, bank debt is the holy grail, bank debt doesn't impact shareholders over time in terms of dilution. At the opposite to the other end of the scale where you have death spiral convertible loans/bonds that many small caps use more and more to survive and pay salaries that dilutes SHs into oblivion. Our biggest asset being actual income and a healthy turnover/margin that makes traditional debt possible. We may issues a few shares for bonuses etc over time, but thats fine as our profits increases as long as its kept at a relatively low level. Good times ahead ..