Ann: Half Year Accounts, page-126

Hi fooca, I tend to disagree, if I am reading your post correctly(?)

The loan aggregate (total) is $750k from 4 investors.

Therefor the total (aggregate) from the 4 investors is $750k

Plus 20% fee plus 10% PA

So simply, a 12 month $750k loan costs them $925k to payout.

Or 2 years total payout of $1M


Quote- “On 18 October 2018, Winmar entered into loan facility agreements arranged by Sixty Two Capital Pty Ltd with four investors for an aggregate (total) amount of $750,000.

The loans bear interest at a rate of 10% p.a. and a facility fee of 20% from the total loan payable.

The loan is repayable in full within 10 days following re-instatement to trading of the Company on the ASX and may be repaid in shares at the discretion of the Company”