ccc going forward reply from jb, page-56

Mikayla. How do you reconcile JB's confidence in raising debt on good terms with the convert deal late last year. That was only a 3 yr bond at 10pc and struck nearly at the money. ($10m apprently to rise to $25). Extremely expensive funding. Also, JB supposedly expert in these matters but in the June accounts there was a $2.8m consulting fee that I think relates to that convertible. (See note 25). Maybe JB should do the work himself next time!