At least we have been given an announcement that is price sensitive.
The way I see it is someone has stumped up the cash believing that there is some sort of security there for the loan.
The questions are;
Who put up the cash.
Why do they think their money is secure.
Are we finally close to a result either way.
If it is someone close to the company that has loaned the money with only a small premium on a term deposit rate surely the potential outlook is improving?
AIl IHMO!
Ann: Interim Finance Secured, page-2
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