They are not taking a punt by lending WFE up to $250k fully secured! For all we know the default payout figure could be 100% of the loan value!
ie: If WFE draw down $250k, if they default, WFE hand over something worth $500k
WFE is not totally dead!
It might pull off a minor miracle.
It could be delisted and sent private or recapped!
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Questions to Management - What is going on? Official., page-1484
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BIGTINCAN HOLDINGS LIMITED
David Keane, Co-Founder & CEO
David Keane
Co-Founder & CEO
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