WAK 2.00% 5.1¢ wa kaolin limited

Ann: Sale of Kwinana Property Strengthens Balance Sheet, page-9

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  1. 954 Posts.
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    yes, if loan not repaid and converted to shares (at 20% discount & subject to shareholder approval) COULD indicate financial stress, or on the other hand could not WAK (in consultation with Boneyard) CHOOSE not to repay the loan and it would represent a nice ‘free kick’ to Boneyard.
 
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