PET 0.00% 2.5¢ phoslock environmental technologies limited

And there it is.From AKP........."During the quarter ending 30...

  1. 725 Posts.
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    And there it is.

    From AKP.........

    "During the quarter ending 30 June 2024, 4F Investments Pty Limited (a company associated with the Chairman - Fred Bart) provided an additional $1,818,000 in unsecured loans. This took the balance of the unsecured loan between 4F Investments Pty Limited and the Company to $4,937,988. This unsecured loan facility attracts an interest rate of 12% and is repayable when the Company undertakes a capital raise."

    Looks like one of his companies took a 10% fee for handling the money flow.

    One central company in Bart group seems to be Security & Equity Resources Limited.
    Beradee falls under the umbrella of Tenezo Pty Ltd which through Shaw of Australia, owns Sleeping Giants etc.

    https://hotcopper.com.au/data/attachments/6349/6349505-5eec0504dd1838ebd907d9bfd3dd5142.jpg
 
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