It is a weird scenario. FAR are now just about fully funded but the two parcels of debt they are taking on probably make FAR a riskier business than we were last week. The Mezz finance at 13%+ and the Secured Finance at 9-10% is horrendous compared to what JV finance would have been.
Ann: Equity raising to finance Sangomar Phase 1 Presentation, page-58
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Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 51.5¢ | $289.9K | 557.5K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1960 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 103276 | 2 |
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