CLG 5.00% 19.0¢ close the loop ltd.

Ann: Annual Report to shareholders, page-85

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ANNOUNCEMENT SPONSORED BY PLUS500
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  1. 467 Posts.
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    https://hotcopper.com.au/data/attachments/6411/6411364-020c84697e8e9b4dc9a6f2a280f7c9d7.jpg

    In other words, CLG'S intangibles are already worthless, so why would either party accept an arrangement whereby they are subject to a loan covenant. Just my thinking. DYOR
 
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