re: us400 million investment squeeze Look closely at the terms of the loan-that is an off the top royalty turkeys=4% of revenue.-Nicely hidden away in the body of the release.
Go away and work out the 'real' interest rate on that one if you can! (112%?)
Twigmeister smokes another mirror?
Wonder if the ASX will ask for clarification of the terms on the same basis as his firm contract with the Chinese?LOL
Probably not-too busy elsewhere.
Cheers,TAS
re: us400 million investment squeeze Look closely at the terms...
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Last
$16.17 |
Change
0.050(0.31%) |
Mkt cap ! $49.84B | |||
| Open | High | Low | Value | Volume |
| $15.98 | $16.29 | $15.91 | $40.89M | 2.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 4818 | $16.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.17 | 1443 | 5 |
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| Last trade - 11.12am 09/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |