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the last para in your screenshot is the explanation

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CaptainA

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29/07/22

09:52

Post #: 62800142
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Originally posted by amb005: ↑

View attachment 4553386

So just for 5 million.
5% establishment fee = $250k
12% pa = $600k

Two year is costing $1.45 million just for the $5million, so 29% in fees to borrow this money.

Then after 3 months they can convert for shares at a discount diluting us anyway !? I dont see how this is better than a cap raise, atleast with a capraise the lead manager only keeps 6% leaving DW8 with 94% of money raised, with this deal they are losing 29% to fees , only keeping keeping 71% as opposed to 94% of a cap raise. Not the best deal at all.

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the last para in your screenshot is the explanation

DW8 Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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