1MC 0.00% 0.3¢ morella corporation limited

Ann: Trading Halt, page-53

  1. 273 Posts.
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    The remaining shortfall of the last capital raise had me thinking too....

    What if that becomes part of the deal? The deal refinances the old debt and the first 12 month worth of interest payments is prepaid with the remaining shares from the shortfall.

    AJM would have one year with no cash interest payment

    The lender gets prepaid in shares at a small discount to market price. The same notice of refinance increases the value of the shares the lender receives.....





    Last edited by seberhardt: 13/01/20
 
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