MNS 0.00% 4.2¢ magnis energy technologies ltd

My thoughts on the loan. Who cares as to the rate. 12% for short...

  1. 17,200 Posts.
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    My thoughts on the loan.

    Who cares as to the rate.

    12% for short term finance. I think the US guys didnt want to be diluted again and again.

    If it was a raise its 6 percent fee.
    And forever dilution at 15 to 25% discount.

    In 12 months time the loan is paid out with US listing and anything under 40 cents is a bargain

    .
 
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