Coincidentally, this is the exact same route taken by another company I have a large investment in.
In that case, finance was also delayed by a year, but they eventually secured a US$100m Nordic bond. When I spoke with the MD about this, he informed me that they went down this path to maintain commercial flexibility. I can only assume Baz and Co have the same line of thought in mind.
I maintain full confidence in management to secure this finance shortly.
The SP has been on a canter recently. Long may it continue (hello to the usual downramping suspects) ;-)
Ann: Senior Secured Bond Issue Investor Calls Commencing, page-23
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CYM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.4¢ |
Change
0.002(4.76%) |
Mkt cap ! $67.08M | |||
| Open | High | Low | Value | Volume |
| 4.1¢ | 4.4¢ | 4.1¢ | $164.2K | 3.856M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 867805 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 634685 | 3 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CYM (ASX) Chart |