Ann: Terms agreed for $153m Development Funding Package, page-118

Please, I am not a shorter nor do I work for one. I am not trashing Strike. I merely point out issues I perceive. Sadly most if not all of them are currently problems not opportunities. The Macbank facility announcement is spin and hype over almost no new money. It’s what politicians do before elections, announce new initiatives which are recycled from last year’s new initiatives. The extension of the earlier loan facilities is essentially the only new thing in this recycling plus a tiny bit more drawable cash. We don’t even know what the arrangement fees are. Those are facts. If Strike shareholders are so flaky that the search for truth causes them so much grief, well, that’s the market for you.