RE:RE:RE:10%You are right - I misread it as a zero interest loan when it is actually interest only for 2-3 years.
It should be obvious that a small company like TH is going to be classified as a junk borrower. That is no surprise.
Hope the golf game went well!
palinc2000 wrote: my first read is interest rate over 11% which indicates junk territory....
SPCEO1 wrote: The agreed interest rate is 0% for the first 2, possibly 3 years.
canadapiet wrote: They are paying more then 10% !!!!!
Ok,no dilution for now, but a lot of intrest to pay.
Positive that such an institution believes in their future.
So i rebought a piece of the shares i sold at 3,30 CAD.
GLA