"Haven't read the details for long. Just wondering when GJT could fully repay the loan from that vulture financier based on current rental cash flow level?"
You may want to do some further reading then! GJT can't even afford to pay the amount of interest on the loan let alone be making payments to reduce the balance. Some of the interest capitalises into the loan balance each month as cash flow wasn't sufficient to meet the payments. So over time your equity actually decreases if there are not upward valuation movements.
GJT Price at posting:
81.0¢ Sentiment: None Disclosure: Not Held
