A40
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0.00% 8.2¢ alita resources limited

Ann: Refinancing of Loan Facility and Retirement of Receivers, page-56

  1. Sjlasx
    3,469 Posts.
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    29/11/19
    16:57
    Post #: 41715618
    Simplistically its a short term loan facility that's terms include it is to be repaid by the successful buyer of the business - if it doesn't turn out to be CHEL in which case they get a $10m consolation prize.
    Last edited by Sjlasx: 29/11/19
    A40 Price at posting: 8.2¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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