Very poor decision by the board. They have basically committed to paying USD15M interest on a USD7.5M debt for 9 months....that's an equivalent rate of 266%pa...what a joke. Tells me that
a) they don't have any finance options left
b) the debt holder thinks TER is a high risk investment.
As far as the TLO goes, I'm happy to lay anyone that wants to bet it will be open by the end of February...
Ann: Company Update, page-8
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $148.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 18.0¢ | $129.4K | 708.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 522844 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 58339 | 3 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| TER (ASX) Chart |