sometimes the "equity line credit facility" will have some "strange" terms attached .......
while I only know the asx announcements, sometimes clause such as
min daily turnover
min corp cash requirements
are incld ....
equity line facilities are reliant upon there being a market - so they can execute and make their %, and trade out / I n.....
doesn't "smell" very nice to me.... (imho)
rgds
V_H
sometimes the "equity line credit facility" will have some...
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