MOZ 6.25% 7.5¢ mosaic brands limited

Ann: MOZ - Capital Raise Presentation, page-6

  1. 222 Posts.
    lightbulb Created with Sketch. 37
    This point is worded weirdly to me

    https://hotcopper.com.au/data/attachments/3549/3549446-e8a77b64039b4d599b2edee0f9ae9785.jpg

    Essentially, you get paid 6% interest yearly in loan amount, on top of the 8% in cash, but you only get paid it if the company defaults within the next 3 years, in which they probably couldn't pay it anyway?

    Does this also mean the 8% interest rate will increase as the 6% value increases the loan amount? Or will they need to default for that 6% to even matter? I'm assuming the latter
    Last edited by FutureCashFlow: 06/09/21
 
watchlist Created with Sketch. Add MOZ (ASX) to my watchlist
(20min delay)
Last
7.5¢
Change
-0.005(6.25%)
Mkt cap ! $13.38M
Open High Low Value Volume
7.9¢ 7.9¢ 7.5¢ $24.09K 320.5K

Buyers (Bids)

No. Vol. Price($)
1 3166 7.5¢
 

Sellers (Offers)

Price($) Vol. No.
7.6¢ 10236 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MOZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.