EOS 4.09% $1.64 electro optic systems holdings limited

Ann: Business Activity Statement & Appendix 4C - Mar 2024 Qtr, page-13

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  1. 248 Posts.
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    The loan borrowing includes a "100% make whole" clause, which means that, if they were to pay off the remaining loan amout today, they would still be required to pay the calculated interest as if they hadn't paid anything early! So, there is no benefit in paying Thats how desperate they were when they took this loan.


    https://hotcopper.com.au/data/attachments/6137/6137053-78afa8108820143db945c6a229c8aa2b.jpg
 
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