IOT 0.00% 0.1¢ iot group limited

Ann: Quarterly Report including Appendix 4C, page-10

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  1. 1,556 Posts.
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    so a financing facility, $500k, to purchase product, unsecured at 3% per month. so the interest would be $15000/month? personally, if I was in the situation of having to paying 3%/month on financing I would shut up shop. Or is that a standard commercial rate?
 
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