TXN 0.00% 58.0¢ texon petroleum ltd

debt arrangement, page-5

  1. 6,389 Posts.
    20% ---------------------

    Tax deductions do very little good unless the company actually has to pay something called tax!

    That rate makes you wonder:

    Why didn't they go to SEA and get a loan for that amount? SEA has the funds and they IMO would have been happy to earn 20% a year while waiting......

    unreal............and people wonder why 'investing' in shares is no longer popular...........
 
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Currently unlisted public company.

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