BYE have loans outstanding to Crimson, and to the Directors as well.
So why would they scale back shareholders applications? If they get more money than they were needing, easy thing to do is pay down the Crimson loan or Directors loan which accrue 10% interest, using the excess funds from shareholders ( 0% interest)
Or, alternatively, use the excess funds to fast track other opportunities.
The company has been constrained by funds and cashflow till now, I would be surprised if BYE handed back money
BYE have loans outstanding to Crimson, and to the Directors as...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BYE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.3¢ |
Change
-0.001(1.85%) |
Mkt cap ! $57.17M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.5¢ | 5.1¢ | $95.13K | 1.765M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600000 | 5.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.3¢ | 164080 | 2 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BYE (ASX) Chart |