APG 0.00% 0.3¢ austpac resources nl

Management AGM MT stay or go, page-14

  1. 1,257 Posts.
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    Hi Stock,

    do you think the Chair would put in $200K on a 12 mths loan if he thought the company was going down ?

    My discussion with him indicates he thinks it will survive at least medium term.

    So why didn't he take shares for his money instead of an UNSECURED loan ??

    Could it be because he is in the middle/end of negs for a deal making it a breach to take shares ?

    Maybe speculation on my part, maybe an educated guess, maybe....
 
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