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.
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