UCM 0.00% 2.3¢ uscom limited

Ann: Half Yearly Report and Accounts, page-2

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    "On 26 December 2023, the company received a short-term loan of $2,004,868 from executive Chairman, Rob Phillips. The
    loan is unsecured, carries interest of 8% per annum payable monthly and is repayable within the earlier of seven days of
    receiving a notice to repay from the Lender and 30 June 2024."

    4C didn't mention 30 June 2024, so this seems to confirm the raise will replace the loan.
    Last edited by niloony: 08/02/24
 
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