I mean I’mnot the best at maths, but I don’t know, my numbers say we said we bought $11mworth based on what they wrote in previous reports??? I guess its hard to keeptrack of this sort of stuff. Criminal the lies they throw out!
Q4 REPORTSAYS WE INVESTED $8m in starlink... I have just copy pasted from the reports!!!
"A further$3.0 million (including tax) was invested in Starlink inventory during the Junequarter, bringing the totalinvestment to $8.0 million (including tax)."
Q4 report
“The Company entered into anunsecured short-term facility of $4.0 million provided by Juel Finance Pty Ltd to fund equipmentpurchases from Starlink Internet Services Pte Limited, at an interest rate of 20% per annum. The facility is unsecured, with a maturity date of 30 September 2023. “
“The Companyentered into a short-term loan arrangement for $2.0 million with AFSG Capital Pty Ltd to fundequipment purchases from Starlink Internet Services Pte Limited, at an interest rate of 30% per annum. The facility is secured, with a maturity date of 16 August 2023.”
Q3 report
The Companydrew down $4.0m of the Regal $20.5m facility during the quarter. $3.0m of this was invested inprepayments for Starlink inventory in order to meet demand. The Company is reviewing funding options for further investment in Starlink inventory.
Q2 report
The Companyentered an unsecured short term facility of $2m provided by Juel Litigation Finance Pty Ltd tofund an inventory purchase from Starlink Internet Services Pte Limited, at an interest rate of 20% per annum. The facility is unsecured, with a maturity date of 23 February 2023.
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I mean I’mnot the best at maths, but I don’t know, my numbers...
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