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6.12% 5.2¢ sprintex limited

Ann: Short Term Funding, page-2

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  1. Superchicken
    1,929 Posts.
    lightbulb Created with Sketch. 27
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    21/08/17
    17:36
    Post #: 26641260
    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
    SIX Price at posting: 12.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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