i've always observed the last man to sit down at any meeting is always the man with the power and control. $4m at 20% return with options thrown in with security over all assets with a six month payback says control to me. Also the best deal on funds heading into the company to date. No doubt also gets some commercial business as a result of his interest and industrial relations experience. May infact have been the original deal broker,who knows?
So now you know the new team has 6 months or until the money runs out,whatever comes first to turn the place around.
DYOR+DYODD
AXM Price at posting:
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