Synodon Inc SYXXF

Raising Capital

[schnauser]

Nostril, your statement simply isn't true. "Raising capital" can mean either equity or debt. And that choice is always the first question asked.
 
I certainly share your concern, 100%. When equity values are depressed, you would always prefer to use debt financing, but you don't always have a choice. 

As someone said, maybe they can do a convertible, which is a hybrid of both. Whatever.

The business is doing great, but we don't know what part of it we own until this question is answered. The dilution risk of an equity financing is real, but some kind of debt financing IS possible.

[nostril]

schnauser, I accept the fact that the word "capital" is used in a many different ways. However, when talking about the balance sheet strength of a firm I think the word typically refers to the net assets, ie equity. Plus it is not just the word that SYD uses, but also the context. At the end of the financial year SYD had just $654k of equity. Take into account the losses