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18.5¢ blue sky alternative investments limited

Where did you get the 17.2% figure? Wasn't the loan 5% +10%?

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jackAJA

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25/03/19

13:42

Post #: 37874150
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Originally posted by Nathan321: ↑

As per the 4D report, interest rate of 17.2% for Oaktree loan. almost the rate we pay for credit card over due.
2017 they paid $0.23 dividend. today the share price is $0.50.
On 8 November 2018, Oaktree Capital Management L.P. (Oaktree) invested $50 million via a 7-year senior secured convertibleloan note facility.
The Directors anticipate that covenants may not be met at 31 March 2019. Within 5 months of borrowing. shocking.

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Where did you get the 17.2% figure? Wasn't the loan 5% +10%?

BLA Price at posting: 49.8¢ Sentiment: Buy Disclosure: Held
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