I think you may need to relisten to that - I heard 9.95% per month which aligns to the figures they were using in the webinar!
Also I find it interesting that not only did QFE drop EverBlu as lead managers to the IPO but they paid them:
-$40,000 cash
-800,000 FPO’s
- 3,000,000 oppies with exercise prices of 20c, 30c, 40c
- Agreed to a $1m IPO transaction from Everblu at or pre-IPO?
- Lot’s of questions raised - first of which - why did QFE drop EverBlu as lead manager and still pay such a princely sum?
- Did QFE drop EverBlu after the messy unveiling of their transactions with HDY?
- Why do QFE use pre-position qualifiers when referring to their “belief that shares & options transferred to EverBlu will be held in escrow for 2 years?”
- Do EverBlu still hold all shares and options they received before the IPO?
- Is Wingate Consumer Finance Pty Ltd affiliated with Now Finance Group (notorious payday lender financiers - AIMHO)?
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