In last Annual Report, Boneyard was listed as one of the bigger shareholders holding around 3%
and elsewhere I read that the principals of Boneyard tend to ‘keep a fairly low profile’ in media, public etc.
it does appear to be a very generous deal...... but dont overlook the discount if notes are converted to shares down the track.
Ann: Sale of Kwinana Property Strengthens Balance Sheet, page-7
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