MNS magnis energy technologies ltd

Ann: Shareholder Update Secured Debt, page-6

  1. 1,085 Posts.
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    The Principal amount doesn’t compute as they owed circa $7m in principal and interest to 16.01.25. If you add the loans to Frank & Co, the total should be $1m more than the stated new principal debt. Unless of course they paid $1m in interest somehow? I suppose all will be revealed in the Dec qtr statement ASX release.
 
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