1MC 6.45% 2.9¢ morella corporation limited

Ann: Full Year Statutory Accounts, page-18

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  1. 15,780 Posts.
    lightbulb Created with Sketch. 5777
    ...... and people said Myer would breach theirs 12 months ago as well (of course they didn't) .... do people really think that any ASX listed company doesn't have good lawyers that vet all documentation / clauses and you guessed it - debt covenants ? Pfft

    "Here I saw this on twitter this afternoon and felt compelled to post here on HC"

    ... and as others have said when the additional funds were requested the lender would have addressed these items in the process.... 10 points for trying though I guess ... "compelling" even one might say .... hehe

    GLTAH
 
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