Doing some reading on Secured Convertible Loan Notes interest rates seem to be more often 12-15%
So 9% is not too bad a result
Still doesn't change the fact that a lot is to play for during the next 6 months. If they have to come back for cash to get through the back end of 2014 then they really need something to tip the tides and get the SP back into the high teens to try and entice holders into any possibly required CR
CFU Price at posting:
4.6¢ Sentiment: None Disclosure: Held