FDM 0.00% 1.1¢ freedom oil and gas ltd

Ann: Freedom Executes Subscription Agreement, page-3

  1. 743 Posts.
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    Wells Fargo will be completely repaid - owed 18M agreeemnt is looking to settle 14m plus interest. I suspect that WF will take the offer given the wider market.

    interesting that Ramas is still keen to lend for both the loan notes and to underwrite the capital raise.

    I suspect that they will not start trading until the rights issue is completed - I dont know if this is legal, but at least the loan notes are at many multiples the current share price
 
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