AVR 1.43% $18.62 anteris technologies ltd

"...a deal is a deal" and WP seems to be conveniently...

  1. 442 Posts.
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    "...a deal is a deal" and WP seems to be conveniently overlooking the terms of that deal which included the option to convert was at the agreement of shareholders. A vote by said shareholders against this early conversion is not going against the terms of the deal as WP seems to be implying. Yes, they did give us the money but the terms were for 18 months at a hefty interest rate, with an even heftier fee which also attracts the big interest rate and the potential BUT NOT THE RIGHT to convert if shareholders approve. Once again it appears like favoritism to mates at the expense of shareholders who are treated as the ATM with little say. Let the loan run to fruition and pay it back as cash. Sometimes it is wise to listen to the independent advisors. It's a NO from me.
 
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