Have you opened the document? Says Capital raising but hay you can interrupt that the way you like. It’s a cap raise. They will be using available shares as part. Of that I’m sure. BB I think you are on the money except I think they will take a new secured loan / bond for more of the $80m debit. At around 6% $0.70+ will be a good start and then once it’s done TER should re-rate. They must be looking at options to expand, increase productivity and open up Springsure.
Ann: Trading Halt, page-8
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Last
21.5¢ |
Change
-0.010(4.44%) |
Mkt cap ! $172.2M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 23.0¢ | 21.5¢ | $621.8K | 2.816M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 378959 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 125750 | 6 |
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| TER (ASX) Chart |