Mate if I was a Bondholder I would feel the same way as you and I'll go a step further and say that in fact you should not have to lose money because in reality you made a loan and it was supposed to be serviced at a rate of 12% per annum and paid back in February 2017 and presumably when you parted with your cash you did so in good faith and all parties had the best intentions.
Fast forward to Feb next year, what clarity is KBL offering investors about how it intends to satisfy its obligations to you and others that amount to ~$13m and are due in Feb 2017?
I have not seen any official statement from the company and until I do then I can't make a judgement call on the value of the shares or the enterprise.
- Forums
- ASX - By Stock
- Ann: Revenue Generation Recommences-KBL.AX
Mate if I was a Bondholder I would feel the same way as you and...
-
-
- There are more pages in this discussion • 63 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KBL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online