IBN 0.00% 2.0¢ ibuynew group limited

Please excuse my ignorance but I don't really understand what...

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  1. 2 Posts.
    Please excuse my ignorance but I don't really understand what this consolidation means. Can someone explain for me ? Is it a good thing?
     It concerns me that the best loan they can get is at the rate of 18%. however its positive that they have committed to complete it within 12 months.  There seem to be more lowlights than highlights for Q2 2019.
    There are a lot of concerns but the fresh blood seems to be shaking things up so I have my fingers crossed.
    If someone could help me with the initial question I would be really grateful. I am a relative newbie and I am not sure whether I should run or battern down the hatches
 
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