OAK 0.00% 6.2¢ oakridge international limited

XPE Lounge, page-1245

  1. 1,371 Posts.
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    No the two statements are not contradictory. No funds will be received when the shares will be issued. Funds will be received at the end of the loan (in 5 years) as the directors will need to pay it back $4.4m between the two of them, assuming the SP will be above the issue price of 4.4c
 
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