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I agree Witchy, onwards and upwards.Director showing he is...

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39 Posts.

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09/05/22

11:47

Post #: 61285980
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Originally posted by witchy57: ↑

I like that annoiuncement, access to money at a great interest rate (similar to what I pay on my mortgage in NZ ) with no share dilution and only having to be used if needed.

To my mind being that it is a current board member and a large major shareholder making this offer spells a lot of positivity and trust in the company which for me as a shareholder is a positive thing and makes me feel excited about the future.

I am thinking (Hoping) there must be something big coming up soon that they may need some funds for on the short term

My old bones are getting excited, thats a decent amount of money to offer to loan the company, from a person who would know what is happening and not want to risk their funds, it all seems very positive to me. Unsecured loan at that interest rate, win win

onward and upward NET - the positive vibes abound!!!

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I agree Witchy, onwards and upwards.
Director showing he is invested in the company makes me glad I held.
Might change my sentiment to buy now I think!

NET Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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