AEB affinity energy and health limited

Ann: Gencor Investment-AEB.AX, page-6

  1. 12,482 Posts.
    lightbulb Created with Sketch. 2500
    Woah, barely enough to cover their regular expenses for one quarter.

    No wonder Gencor want 10% interest rate, isn't that just about junk bond status?

    Secured convertible note? Secured against what? Financial accounts show their net tangible assets as at 31/12/15 as being $0.00!
 
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