Hmmm.. So you are telling me this loan will not be used towards paying Director Fees and fund other lifestyle expenses incurred towards keeping these lifestyle companies alive?
Because the announcement itself clearly states only $1.34M will be used towards paying down the loan.. So, what will the remaining $600K be used for?
I'll tell you - FUND DIRECTORS' LIFESTYLE!
How can you possibly not see this? Read your own statements again mate... it is crystal clear why funds keep moving between these companies!
Management being scared of a paltry 30M shares (0.02% of total SoI) being sold off tells your everything you need to know about what the management thinks of this business and market sentiment! FFS...
EUR Price at posting:
6.7¢ Sentiment: Sell Disclosure: Held
(20min delay)