ETR 0.00% 0.7¢ entyr limited

Hey Gassed, You have said "Last one took 0.008 instead of cash"....

  1. 7,877 Posts.
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    Hey Gassed,
    You have said "Last one took 0.008 instead of cash". Well, firstly there is no cash so shares are better than nothing and who's to say they weren't repaid the principal plus a very generous interest component to make up the fact that it was 0.008 ? The terms of the loan were repayment in April 2015 at 10% (not sure if its 10% pa or 10% per month , another little trick i think) so why did they repay early?

    Secondly, not sure how you get 650% from 0.006 to 0.015 as last time i checked its a gain of 150% to go from 0.006 to 0.015 . And why use 0.006, share price was closer to 1 cent when 1.5 cent oppies were issued.
 
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