ITQ intecq limited
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notes, page-2

  1. syringe
    4,770 Posts.
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    02/08/06
    20:36
    Post #: 1714908
    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.
    ITQ Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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