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Ann: Loan Agreement , page-4

  1. leockl
    258 Posts.
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    10/04/12
    21:52
    Post #: 9961718
    Finally, some news which is nothing to do with the LG takeover. Hopefully this is the first signs of moving forward.

    Its kind of not right for the board not to disclose more details about the loan, for eg. who is the loan from. Think this should be legally disclosed. I suspect the loan is from LG.

    Nonetheless, a loan is better than another placement or CR which will dilute the SP even more. In addition, 8%pa payable quarterly is quite a good deal for SBL, in my opinion.
    SBL Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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