FAS
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0.00% 0.4¢ fairstar resources limited

Snookerque,the $260 Million may not be a loan, but you can...

  1. Incognito63
    868 Posts.
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    09/08/13
    15:38
    Post #: 12177125
    Snookerque,

    the $260 Million may not be a loan, but you can pretty much be assured the $65 million will be. So using simple maths, what share of FAS's 50% of the profits will go to repaying the loan, rather than increasing shareholders profits?

    Incognito


    FAS Price at posting: 1.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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