SIX 3.39% 5.7¢ sprintex limited

Ann: Short Term Funding, page-2

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  1. 1,929 Posts.
    lightbulb Created with Sketch. 27
    Is this the best they could do ?!?... short term funding at credit card rates of 22.5% p.a.
    I very much doubt this is an unrelated third party...
    Anyhow, looks like the sort of short term funding required to pay for a capital raising no doubt at a steep discount.
    SP up 25% on only $104 trade. I'd guess that CR at 5c looking likely....
    Last edited by Superchicken: 21/08/17
 
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