It's a reasonable concern BB. I get out of companies straight away once I question management.
My stance is that yes, interest will need to be repaid at market rates however this loan avoided dilution at horrible SP levels AND any interest will be very minute in comparison to salaries not being drawn.
Can't think of another company where directors have opted not to draw salaries in order to avoid dilution. They are set to gain really only from SP appreciation here, that's what we want.
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It's a reasonable concern BB. I get out of companies straight...
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Mkt cap ! $118.6M |
Open | High | Low | Value | Volume |
10.5¢ | 11.0¢ | 10.0¢ | $27.33K | 256.8K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 35000 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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11.0¢ | 81866 | 4 |
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No. | Vol. | Price($) |
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1 | 35000 | 0.105 |
13 | 661636 | 0.100 |
1 | 5993 | 0.099 |
1 | 100000 | 0.098 |
1 | 79646 | 0.097 |
Price($) | Vol. | No. |
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0.110 | 81866 | 4 |
0.115 | 100333 | 3 |
0.120 | 750635 | 6 |
0.125 | 100000 | 1 |
0.130 | 89500 | 3 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
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