Further positive news today. Firstly, the banking facility has been extended on improved terms. With c.£8.0m of liquidity headroom to support future growth/investment this should allay any funding concerns going into 2023. Secondly, the global footprint has been further expanded with a new partnership agreement signed for Malaysia - the 12th largest addressable market. We make no forecast changes but feel todays news should be well received and further reflect favourably on managements ability t ....
20 Dec 2022
Double positive news
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Double positive news
Artisanal Spirits Company PLC (ART:LON) | 45.5 0 0.0% | Mkt Cap: 32.1m
- Published:
20 Dec 2022 -
Author:
Sahill Shan -
Pages:
3
Further positive news today. Firstly, the banking facility has been extended on improved terms. With c.£8.0m of liquidity headroom to support future growth/investment this should allay any funding concerns going into 2023. Secondly, the global footprint has been further expanded with a new partnership agreement signed for Malaysia - the 12th largest addressable market. We make no forecast changes but feel todays news should be well received and further reflect favourably on managements ability t ....