FGL 0.00% 5.5¢ frugl group limited

Ann: $2.31 Million Capital Raising, page-24

  1. 622 Posts.
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    The loan was on extremely bad terms and was a rush job done in panic when the ASX started asking questions.

    They had no intention of using it, they just wanted to get past the AGM without having to face investors following a CR.

    All IMO.
 
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