CM8
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5.41% 3.5¢ crowd media holdings limited

Ann: Extension to Junior Debt, page-23

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  1. sharks37
    8,420 Posts.
    lightbulb Created with Sketch. 59
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    16/12/16
    09:40
    Post #: 21381869
    Maybe I'm missing something. Why is the company "aggressively" paying down (which I take to be management spin for paying down ahead of schedule) the CN loan which has a rate of 6.25% but extending the vendor loan which is 15%.

    Any housewife knows you pay off the credit card before you pay down more on the mortgage...

    Cheers, Sharks.
    CM8 Price at posting: 9.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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