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2.0¢ shekel brainweigh ltd

Ann: SBW enters into loan and option agreement, page-3

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PH441324

1,338 Posts.

143

07/02/23

11:10

Post #: 66113852
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Originally posted by Immetoday: ↑

Some will disagree with me but I'm pretty happy with this as i believe it saya a lot about where the retail innovation division is headed.

SBW are business people - they know their stuff and don't take stupid risks. They've entered a 12 month agreement here....this isn't some long-term loan to keep them operating. They have a specific plan and specific short-term payback.

To me this says further growth and increased profits.

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It's also a postive that the option exercise price isn't fixed. If the exercise price is fixed it can put a cap on the SP until the options expire and possibly screw over the current holders. Happy with the 25% discount of the 30-day VWAP.

SBW Price at posting: 9.5¢ Sentiment: Buy Disclosure: Held
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