BIG
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0.00% $2.22 big un limited

Based on my understanding $7M is Big Un which is unencumbered...

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  1. OBK
    628 Posts.
    lightbulb Created with Sketch. 7
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    23/02/18
    14:42
    Post #: 31293004
    Based on my understanding

    $7M is Big Un which is unencumbered
    $4M is BRTV (encumbered)
    $19M is security deposits (encumbered)

    In effect, if no one else joined, they'd return the $23M, then pay $4.8M as a penalty which is less then their current unencumbered cash on hand


    We'll need to know the conversion rates which will provide a clearer picture
    BIG Price at posting: $2.22 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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