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20M. That’s from the company

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SuperTrumpy

6,591 Posts.

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11/11/23

06:50

Post #: 70843174
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Originally posted by CDO22: ↑

Well that is the right question. As I said before, whether or not the full $50mio is available, it is clearly far from being used, over 12 months since announced. AF said in the webinar that the first trust was taken a little bit higher and that it would be fully used by March 2024. I initially did not pick up on that, and understood it as an acceleration to fully use the full $50mio. Someone here corrected me and pointed me back to that webinar. It sounds like he is only talking about that first trust. It is not 100% clear how large that first trust is. $15mio was the size of that corporate facility in prior 4C, and they are now reporting $17mio (whilst using $14mio). So yes, you're asking the right question: are we shooting for $17 or $50mio by end of March? If indeed $17mio, it is a big change in my opinion. Not necessarily a bad one if they can ramp up payments, but one I wish was expressed more clearly...

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20M. That’s from the company

SPX Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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Last 1.0¢		Change 0.001(5.56%)		Mkt cap ! $41.08M

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No.	Vol.	Price($)
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Price($)	Vol.	No.
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Price($)	Vol.	No.
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