LHD 0.00% 7.6¢ lochard energy group plc

possible takeover, page-21

  1. 76 Posts.
    No one seems to be commenting on the shocking effective interest rate on the outstanding loan of 84%!!!!!!

    How did management think this could be a good idea. We borrow $13m and payback $30m over the next couple of years. There goes most of the profitability from Athena for next year.

    As a result of this I am reassessing my shareholding.
 
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