Bzam Ltd (BZAMF)

[Alwaysbmikki]

Yeah I here you, I don't have a chunk like you but still think this investment will pay off. The only thing that has changed since we bought this is the sector is in a down cycle. This will change and the finances will be just fine. Tgod doesn't want to pay high interest rates so they will get a better deal like maybe a bought deal (A bought deal is an offering where the investment bank has agreed to purchase the entire issue from the company and then resell it after.
A bought deal usually favors the issuing company in the sense that there is no risk to the financing - the company will get the money it needs.
The investment bank takes on extra risk in carrying out a bought deal because it must be able to sell the securities - ideally for a profit.
Bought deals essentially put the investment bank long the company stock while also tying up capital. In return for taking on this risk, the investment bank usually gets the securities at a discount to the projected market) Fingers crossed will here good news soon. IMHO and I know jack