KDR KBL

Ann: Market Update on KBL Debt, page-19

  1. Haplo
    17,014 Posts.
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    14/11/14
    21:55
    Post #: 14293977
    The debt was secured against all of KBL’s assets

    So can some help clarify as to the above statement. If KBL did fall into administration because they weren't able to refinance the debt in time - Does KDR have the opportunity to pick up KBL assets up to the value to $ 12.6 million or does it pick up all of KBL assets ?

    Claiming all the assets appear to be a bit unrealistic ?
    Last edited by Haplo: 14/11/14
    KBL Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
    KDR Price at posting: 8.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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