re: its even worse then first assumed. Another piece of...

re: its even worse then first assumed. Another piece of brilliant research Bazzaroid, should we add that to your list of errors !

""The latest commitment of up to A$5 million is for ASX-traded securities. SkyNetGlobal is duallisted
on AIM and ASX. Cornell’s earlier commitment of A$14.6 million is specifically for SkyNetGlobal shares trading on AIM. Having facilities for each stock market gives
SkyNetGlobal’s management and board greater flexibility and control in raising equity capital.""

$5 million for the ASX div x 3 years = $1.6 million per year, however the facility is shown as $2 million on standby with $890k drawn down to date.

$14.6 million is for the AIM div x 3 years = $4.86 million per year, to date Cornell has funded $1.3 million AU which still leaves a considerable amount to be drawn on ;-)

Tex.