NWT 0.00% 11.5¢ newsat limited

That was my understanding too King, interest accrue until...

  1. 3,147 Posts.
    That was my understanding too King, interest accrue until payback starts, I then had doubts.

    Just looked at Cash Flow Statement it shows only $11k interest paid not $443k. It does look like the interest due is booked as an accrual with actual payment commencing with amortise schedule after launch. Good if true, lessens cash flow pressure.
 
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