The loan is non recourse and interest free.
basically the transaction was cash neutral for Fenix and Welborn gets the benefit of not having to fund the purchase immediately. He can pay down the loan with dividend income or when he sells any of them.
The loan is non recourse and interest free. basically the...
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Last
30.5¢ |
Change
-0.015(4.69%) |
Mkt cap ! $219.7M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.0¢ | $274.8K | 894.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 292300 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 2267 | 1 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| FEX (ASX) Chart |