underwriters fee

  1. 2,280 Posts.
    lightbulb Created with Sketch. 95
    One thing that appears to be kept very quiet here!

    As I understand it, the directors accept for themselves a 6% underwriters fee.

    If that is the case then they are taking 18% of our money for their loans - NOT 12%.

    It doesn't take them long to get their investment in our company back over a couple of years.

    It won't be too long - the way they are going to be 'free carried' before they make a takeover - in my opinion.

    Regards....................
 
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