QAD quadrant iridium limited

8million us back , page-4

  1. hotcongo
    3,997 Posts.
    lightbulb Created with Sketch. 687
    clock Created with Sketch.
    07/08/06
    12:05
    Post #: 1722563
    Could someone please explain what today's announcement is saying?

    What is the letter of credit? Does it turn into real cash?

    Did QAD originally invest $20m US into iridium years ago?

    Does it mean that because QAD still holds an 6.35% stake in Iridium that QAD's investment in Iridium has gone up sevearl fold since it first invested?

    Why is Iridium doing this return?

    Cheers Anne
    QAD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS As Albo spruiks hydrogen in China, FMG is exiting the game
right-arrow Created with Sketch.
NEWS Capricorn Metals, capped at $4B, picking up Warriedar – but holders unhappy
right-arrow Created with Sketch.
NEWS Access the Latest ASX News here
right-arrow Created with Sketch.
NEWS Exclusive Pre-IPO & ASX-Listed Investment Opportunities
right-arrow Created with Sketch.
NEWS Watch the Latest Video Interviews here
right-arrow Created with Sketch.
NEWS HotCopper Wire Podcast 019 – Dreaming of the 9,000s
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.