I highlighted early on- unsecured personal
Interest free loans from McGrath Ltd to McGrath - outstanding at float- still has a line - in prospectus - even loans in the current accounts
What was the credit advanced from the company used for?
Haven’t they heard of expense claims-
Cash loans interest free to director- please show me one other company on the board with this fantastic arrangement - best package evvvvvvvvvvvvvvver
Why have a margin loan when you can take advances from the company —-mmmm- supprised tax office isn’t saying that’s income- no doubt company paid FBT on that benefit
Try that in a small business see how you go
MEA Price at posting:
42.5¢ Sentiment: Sell Disclosure: Not Held