RE: Lemon Fools28 Apr 2021 21:40
I stopped reading when it mentioned the prospectus and may be bajanxed by interpretation of true sale.
31st Dec rns:
"SYME and StormHarbour have now successfully completed the legal documentation, process definition and operating structure for its repeatable and scalable securitised investment product. The eligible Client Companies are ready to implement the inventory monetisation process and their financial advisory teams (including external auditors numbering among them two of the Big4[1] audit firms) have approved the structure and derecognition accounting treatment of the inventory monetisation transaction."