IMP imperial corporation limited

So it's costing over $100k every fortnight to extend this loan...

  1. 11,482 Posts.
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    So it's costing over $100k every fortnight to extend this loan in fees alone.
    So what will the new financing be?
    As Macq Bank essentially have security over all the assets of the Company with the other $US24mil loan, who else could possibly lend them money?
    Does the refinancing include issuing more shares or convertible notes?
    I still haven't got the full picture so still can't buy.
 
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