ASR 16.7% 0.4¢ asra minerals limited

Ann: Trading Halt, page-37

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  1. 4,925 Posts.
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    We sell assets and issue convertible notes at a cost of 12% cash plus options to raise funds because we are short on cash. Yet we are able to lend money to directors at 6% so they can participate in corporate actions.

    As mentioned by @Sk1nman Will the company be providing a loan for directors $500,000 participation?

    https://hotcopper.com.au/data/attachments/5745/5745051-1dae87aabde1e1cebbe97e9b720e9219.jpg

 
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