Originally Posted by
Xerof
That's 2 words
The loan is subordinated behind all other debt, so higher risk requires higher rate of interest. 7% is not all that bad for that sort of borrowing. Bringing the building onto the Balance Sheet might also open up possibilities in the (near) future. Remember they have been giving the house a spring clean, with only one or two options in mind. The accumulator is still lurking btw, and the algobot is doing a good job with the lack of real liquidity, to walk the price down. Balance might like to provide a cryptic update if he has the inclination. I know nothing more than the next guy, but the price appears to be going in the opposite direction to the underlying activity, which always raises my suspicions of naughty behaviour behind the scenes