ITQ 0.00% $7.12 intecq limited

notes, page-2

  1. 4,770 Posts.
    The notes convert at 20c. The company has money in the bank, revenue of $20m and does not operate on overdraft. The notes are at an onerous 10%.

    The company would have no problem extending the notes, what a good wicket for the holders! I believe that the company is so strong now that it should simply be able to move to a bank finance situation.
 
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Currently unlisted public company.

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