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0.7¢ aeon metals limited.

withdraw the remaining 10000 on the credit card and then claim...

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182 Posts.

15

15/02/24

22:09

Post #: 72433027
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Originally posted by goldfan: ↑

(i) The company has a limited recourse loan with OCP Asia Group (“OCP”) amounting to$40,011,000 of which is fully drawn, the interest rate is 12.00%, is calculated quarterly andcapitalised to the loan. The loan is secured over the assets of Aeon Walford Creek Limited.The loan matures on 17 December 2024.

(ii)The company maintains an ANZ Credit Card Facility totalling $30,000, with a rate of17.74%PA on purchases not paid for within the relevant period. This facility is split acrosssix separate cards, and $10,000 is undrawn.

How are they going to survive this? Basically the loan won't be paid and OCP is going to get the asset?

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withdraw the remaining 10000 on the credit card and then claim they have a limited liability.

AML Price at posting: 0.7¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 0.7¢		Change 0.000(0.00%)		Mkt cap ! $7.675M

Open	High	Low	Value	Volume
0.6¢	0.7¢	0.6¢	$6.007K	888.8K

Buyers (Bids)

No.	Vol.	Price($)
2	33932	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	1195359	5

View Market Depth

No.	Vol.	Price($)
2	33932	0.007
6	1748375	0.006
10	4885194	0.005
10	6625256	0.004
3	1900000	0.003

Price($)	Vol.	No.
0.008	1195359	5
0.009	445626	3
0.010	100000	1
0.011	2333333	2
0.014	184278	1

Last trade - 14.22pm 08/05/2024 (20 minute delay)


Last 0.7¢			Change 0.000 ( 0.00 %)
Open	High		Low	Volume
0.6¢	0.7¢		0.6¢	588000
Last updated 14.22pm 08/05/2024 ?

AML (ASX) Chart

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