$150,000 loan interest free
BUT
the fee payable is either $65,600 at today's prices
OR
$30,000 down the track without approval
and granted a fixing and floating charge over all of the company's assets
do they have rocks in their heads ?
Almost 40% interest on a short term loan and security over the whole company ... they must be very confident of this deal and plan to raise a whole lot of capital
am glad i'm out
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Last
4.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.84M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18200 | 4.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 18882 | 1 |
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| Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
| BTN (ASX) Chart |
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