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.
Senderos, "What happens to the AJQ loan now?" is a very good...
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1.9¢ |
Change
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Mkt cap ! $22.96M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.2¢ | 1.9¢ | $81.41K | 4.033M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 203333 | 1.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 395784 | 3 |
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| Last trade - 15.11pm 31/07/2024 (20 minute delay) ? |
| DGR (ASX) Chart |