Should do what OMH did recently and issue a private bond for $30 million at 10% interest annually for 3 years to help fund a US$120 million purchase.
The CEO stumped up $3 million himself, the rest went family members and a few Top20 investors. Now thats what I call having faith in your company.
Do ELE Directors and CEO have that kind of faith in the company? I doubt it.
- Forums
- ASX - By Stock
- ELE
- interest rate
interest rate, page-4
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ELE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online