MNY 0.00% $3.15 money3 corporation limited

Ann: Annual Report to shareholders, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,236 Posts.
    lightbulb Created with Sketch. 114
    Ohh, my mistake you mean the liability no longer being on the balance sheet so equity increases, got you.

    I found this:
    'The bonds will have a face value of $100, will pay a coupon of 9% per annum, payable quarterly in arrears and have a maturity date of 15th May 2018.
    The options will be issued to the initial investors under the bond issue in the ratio of one option for every $2.00 of bonds subscribed for by those investors, and will have a four year term and an exercise price of $1.30.'


    So I guess around a 2.7m interest saving as well pushing up NPAT in FY19.
 
watchlist Created with Sketch. Add MNY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.