re: Ann: SHARE PLACEMENT TO RAISE UP TO $1,00...
... "why would Martin Place Securities risk $1M on something that has been labelled a make or break for CFR?" ... .................. ... they probably have the companys assets as collaterol just as my friend went to a bank to try to borrow $750,000 - they said no - we will lend you $1.2mil - this was just before the sub-prime thingy .... .... friend is now in trouble financially and cannot sell much as the bank insisted on a document for friend to agree to, encapsulate all the properties together ..... ... failure and the bank gets the lot .... ..... .....
CFR Price at posting:
0.4¢ Sentiment: None Disclosure: Not Held