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JB Advisory have being successful in smaller Ag companies...

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Material man

2 Posts.

17/07/18

01:10

Post #: 34380153
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Originally posted by Tapdancer ↑

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.

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JB Advisory have being successful in smaller Ag companies fundings, Wingara Ag (WNR) and Wattle ( WHA), so here must be some confidence ....

AYI Price at posting: 0.1¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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