The bad news is the noteholders are fully aware of the companies true position and have been liquidating their holdings. The good news is the noteholders agreed to pump about $55 mill on new loans into the company that has no debt (except for the $55m) and has a market cap of $30m. Confusing isn't it!
- Forums
- ASX - By Stock
- MBN
- Ann: MBN Announcement
Ann: MBN Announcement, page-13
-
-
- There are more pages in this discussion • 69 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)