Ann: Revised Terms on Corporate Transaction with ERM Power, page-78

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  1. 6,736 Posts.
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    I'm disappointed we did not get the quarterly yesterday, instead we will get it whilst I'm at work on Monday so I'll have to wait until that night or the Tuesday (public holiday) to have a chance to look it over.

    The one thing the topup guarantees is that there will be no takeover offer for EGO until the loan is paid back because any premium from an offer would push the debt up exponentially. That could be seen as a good thing for those that see the low price now as very undervalued, or a bad thing for those that have had a gutful of this sorry excuse of a company and are happy to bail at say double or triple where we are now.
 
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Currently unlisted public company.

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