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So Magna got 5 mill shares for 300 grand. They stand to get 400k...

  1. borrks
    3,353 Posts.
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    09/04/15
    19:53
    Post #: 15060526
    So Magna got 5 mill shares for 300 grand.
    They stand to get 400k back in a few months if they sell into volume.
    So 33% return in 4 months = 100% interest per annum. Beats bank interest that's for sure.

    Hardly seems worth it for Swala as a company. Killing shareholders.

    Someone remind me what NT does for his 300k exactly?
    SWE Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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