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Ann: Trial hemp farm results & 20M facility secured, page-460

  1. Caffeinemachine
    326 Posts.
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    30/12/19
    19:54
    Post #: 42168721
    Apologies however in which announcement does Atlas "front up" cash? I interpret the last announcement appears to state Atlas have now:-

    - Provided a $250k loan for a fee (the fee equates to an extortionate pa interest rate)
    - Secured a preferential share subscription scheme (90% VWAP purchase price etc)

    I see it as Atlas seeking to recover their original investments, not provide minority shareholders with a "free ride".

    Can you please elaborate where the "free ride" / "front up with cash" comments are from (announcements / publicly known facts)?

    All of the above IMO.
    CLI Price at posting: 3.1¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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