hmmm.
Cash.. but interest paid annually if its not paid on 28 days... ummm what.. so sounds like the contract will allow for non payment on the due date and then it turns into secured vendor finance.. wonder how long the term will run for... not doubt it will be many many years making this more of a smoke and mirrors sale rather than an actual one.. at least in the short term.
Clearly these provisions indicate that the consideration will NOT be paid within 28 days from aquisition
- Forums
- ASX - By Stock
- HML
- Ann: Update on JB Financial transaction
Ann: Update on JB Financial transaction, page-3
-
- There are more pages in this discussion • 52 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HML (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online