re: Ann: Financing Documentation Finalised fo... Hi JID,Firstly,...

re: Ann: Financing Documentation Finalised fo... Hi JID,

Firstly, P/E's are very often irrationally high, and secondly, as i understand it, even rationally, if a comapny has a p/e of 10, that means it will take 10 years to get back your investment so all it is is a way of measuring your return. id rather have my money in a company whith a 50% return for the duration of the companies 6 year life than a company with a 10% return for the next 20 years.

Anyway, i contacted the company regarding the terms and conditoins of the macquarie facility and havent got a response. I did get a response to some other queries i had.

Does anyone out there know the details, or what level of risk is attached to the loan being drawn?

I'm not too worried with BJ lending a few mil of his private cash and taking placements at 8c but i'd likr to know none the less.