Heres my plan
face value of loans 912m
Sell at 7.5% discount 843m
Pay off liabs 763m
Excess cash 68.4m
shares on issue 172m
Cash to each holder 0.40cents
some of the loans are due in >2 year, and if they are GOOD CREDIT RISKS. Why woulnt they pay off or rearrange and get the discount
I KNOW i'm dreamin but it sounds like a plan
AXQ
allco max securities and mortgage trust
kinghorn, page-5
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