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Tuesday, August 1, 2017

Noble is raising cash just for debt repayments.

https://finance.yahoo.com/news/embattled-trader-noble-group-pays-40-million-bond-052002693--finance.html?_fsig=_SX2GCnSxkXKplqyrZ2A5w--

When a company is raising funds by selling its assets just for the purpose of debt repayments, we know this company is no longer viable because its business model is not generating positive cash flow to sustain its own operational and financial needs.

Cash flow is the most important thing in a sustainable business!

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