SIT 25.0% 0.3¢ site group international limited

Ann: New Loan Facility, page-11

  1. 636 Posts.
    lightbulb Created with Sketch. 74
    The other reason the major shareholders would be bailing Site out with the loans I assume is that they just lose the land in the event of insolvency dont they? The below is from the 2017 annual report. Again I dont profess to understand the terms of the lease and how to negotiate with the CDC but from what I know about property and gaming officials in Asia this would be anything from a straight forward negotiation if you know what I mean.

    https://hotcopper.com.au/data/attachments/2919/2919966-662fe6da7ef41bf352d4110911e3be91.jpg

 
watchlist Created with Sketch. Add SIT (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(25.0%)
Mkt cap ! $6.506M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $2.25K 900K

Buyers (Bids)

No. Vol. Price($)
5 9750000 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 21451629 12
View Market Depth
Last trade - 14.27pm 29/05/2024 (20 minute delay) ?
SIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.