On February 27 Telit (TCM) finally completed the $105 million sale of its Auto division. Well almost. There was the little matter of $38.5 million which was not paid on completion but via a “Vendor Loan”, to you and me, an IOU. But hang on, back then we were told:
Read the full article on ShareProphets | CommentsTelit – how about an update on that $38.5 million Chinese IOU?
Tom Winnifrith Thursday 11 April 2019
