1MC 6.45% 2.9¢ morella corporation limited

Ann: Altura To Undertake A$28 Million Financing Package, page-91

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  1. 303 Posts.
    lightbulb Created with Sketch. 27
    I can't believe directors would have a lazy $15mill hanging around.

    so what would you pay for a Say $1mill loanover say 5 years?

    Not cheap. but at an expensive risk.
    So they have confidence in a positive outcome.

    or

    Could that outcome be a 50% return on a sudden takeover offer - little risk on that one.
 
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