WGO 0.00% 35.5¢ warrego energy limited

F&F forget about selling to partners or funders. The sticking...

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    F&F forget about selling to partners or funders. The sticking point is conditions. Exaggerated example: Funder: We’ll lend you 2mill for 30% stake. DC says no, we’ll borrow 2mill and pay back in unlisted options at a discounted 5 day vwap. Funder: no. We want options and 20%. And so it goes on.
    Negotiations.
 
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Currently unlisted public company.

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