SRJ
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0.00% 7.0¢ srj technologies group plc

Ann: Executes Convertible Securities Agreement To Fund Growth, page-3

  1. Steadygrowth
    1,001 Posts.
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    16/02/23
    18:55
    Post #: 66295252
    Paying $840,000 for $3.5m facility isn’t great and no way are they paying any of it back in cash. So will be even more dilution when they convert at a discount.

    Hope it works out for you but seen it all before so I’m out as soon as I can get out. Unfortunately not enough volume to exit straight away without crashing SP. So will have to be patient.
    SRJ Price at posting: 12.0¢ Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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