How about the lady that has lent them 10 K at 3 per cent per month. How much is that compounded per year , over 40 per cent . One almost gets hall the original loan back every year in interest.Does anyone know another ASX listed company , that lives on the never - never, perpetually rolling loans over at 3 per cent per month. Well no problem as long as they can perpetually raise more money from shareholders.
2022 W2V general discussion, page-13
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