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I don't think it is a good thing for a large shareholder &...

  1. unrewarded
    1,186 Posts.
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    11/12/17
    22:35
    Post #: 29551031
    I don't think it is a good thing for a large shareholder & office holder to lend money to the company they are so closely involved in.
    I saw it happen quite a few years ago with Compass Resources in the NT where the head honcho lent the company money only to later use the debt to engineer a hostile takeover ...

    ....... beware of Greeks bearing gifts !!!

    If a project stacks up it should be able to raise capital in an orthodox way.
    RWD Price at posting: 32.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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