the pen could be folding. 45% of the business at stake, all debt and covenants will be at stake, projections that secured current debt has now been destroyed. Credit rating watch. CR more than likely, and it’ll need to be a monster.
I kind of think TWE will trade around $4 and a $2.80 CR would be a good outcome.
What is TWE Worth Ex-China?, page-57
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Last
$12.40 |
Change
0.050(0.40%) |
Mkt cap ! $10.07B | |||
| Open | High | Low | Value | Volume |
| $12.46 | $12.47 | $12.32 | $21.70M | 1.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 6246 | $12.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.40 | 3358 | 21 |
View Market Depth
| Last trade - 12.56pm 18/07/2024 (20 minute delay) ? |
| TWE (ASX) Chart |