CDU 0.00% 23.5¢ cudeco limited

quarterly out, page-94

  1. 24,386 Posts.
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    AKA,

    You are just wasting your time mate. Just like leading the horse to water and.....you know the rest.

    What that poster intentionally fails to address, is as to why the sudden change of heart by the Company from accepting/organising a Loan/Credit facility which was the preferred option, and for the reason of not diluting investors further, and then doing a SPP instead.

    That loan was at 7% mind you. ?? Best I have ever heard under these circumstances.

    If we were to borrow that money, it would have cost us only $7mill dollars in interest for a full year, or pro-rated if we were to be using only part of it, while we were willing and having to pay a huge commission and brokerage to organise the SPP placement.
 
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