Further, the sale of the loan book to Grapple will result in the return of the Company’s committed first loss capital of ~$2.3m, a precondition requirement at the time of the establishment of the loan facility.
It seems possible, but this anns above does not clarify and in fact alludes to a return of the funds? As usual have to read between the lines with this lot.
SPX Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held
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