G'day chris,
At 10% I get about $5m per quarter, so they should have $10m by end Feb. But I see what you are saying; out of that $10m, only $5m is coming off our debt. In that case it would take an extra quarter to fully recover their $9-$10m.
So it could be May before they are paid out if 10% is all we have. Lets hope it is closer to what management are expecting.
Cheers
shares on issue, page-64
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