AYI won't be paying interest, as it's not a loan. So that basically leaves us with an 8% spotter's fee which I'd happily pay if I found it difficult to raise the funds through any other sources.
The 8% looks high, is high, but is not as high as it looks. It appears to be an incentive. If JB Advisory can place the shares, then AYI - with just a bit of good luck going their way on their agri venture - may well get the break they've been looking for. Raising money thereafter should be easier.
- Forums
- ASX - By Stock
- AYI
- News: AYI A1 Investments & Resources Signed Mandate Agreement With JB Advisory
News: AYI A1 Investments & Resources Signed Mandate Agreement With JB Advisory, page-5
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AYI (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.52M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
AYI (ASX) Chart |
Day chart unavailable