OGX
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0.00% 0.3¢ orinoco gold limited

I laugh at how they say the notes will bear no interest, but...

  1. groundswell
    2,527 Posts.
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    31/08/18
    08:27
    Post #: 35313671
    I laugh at how they say the notes will bear no interest, but they are required to pay 15% over face value after twelve months. (Like a zero coupon bond I guess).
    Conversion scheme is an unusual one.

    Pretty gutsy by the investor either way IMO.
    OGX Price at posting: 4.3¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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