PHO 0.00% 5.8¢ phosco ltd

How is that good news? If CNL spend the money and has no way of...

  1. 84 Posts.
    How is that good news?

    If CNL spend the money and has no way of repaying the loan AFL and Polo will just convert the debt to equity further diluting long suffering shareholders.

    It was the actions of these two predatory companies that got CNL into the current mess in the first place.
 
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