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0.00% 1.3¢ mpower group limited

Right???OCP loans money. In return, OCP gets interest, and some...

  1. friendlydwarves
    3,419 Posts.
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    11/08/23
    12:34
    Post #: 69288951
    Right???

    OCP loans money. In return, OCP gets interest, and some shares.

    St George disappears at the same time. Not coincidentally, MPR books a "benefit" equal to the difference between what it borrowed from OCP, and what it had owed St George. Plainly St George has taken a haircut equal to the "benefit" booked.

    If it's that hard to understand, people, maybe you shouldn't be investing your own money.
    MPR Price at posting: 1.9¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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