Senderos, "What happens to the AJQ loan now?" is a very good question,
I am not sure, but from what it looks like, the loan still goes through, westside are offering 25million bridging finance to AJQ, which upon Westside reaching 50.1% of the company will be used to repay the DGR loan (assuming it has been fully drawn) of up to 15million? I would have to go back and read the terms of the loan also, perhaps there are early repayment penalties??
So in all this, the loan terms "May" be a sweetener for the cooperation of DGR ...
Anyway else want to have a shot at clarifying the question?
IN any case, think we need a statement from DGR... Im waiting patiently. As it appears a "Truth in takeovers" statement is catalytic in aspects of the Westside offer.
Alternatively, any commentary from DGR at this stage would be welcomed.
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