SMN 3.77% 55.0¢ structural monitoring systems plc

Ann: New financing agreement with Royal Bank of Canada, page-25

  1. 18,275 Posts.
    lightbulb Created with Sketch. 3797
    I don’t know about woke but like to think I believe in LOVE Longreach.

    And if I responded to your post with a more critical tone than your ego finds acceptable, it was because I was triggered by the alluring ‘isn’t this great’ tone of your post which I thought might misrepresent the cold hard facts of the situation by -at the least- making light of the continuing debt issues.

    As to the cold hard facts ?
    I have posted several.

    And as far as understanding the financial environment goes, I understand this to be a fact as well:
    It would have been better if this loan had never had to be taken out and the amount due on the HSBC loan had been repaid as intended!

    However things are as they are, and this refinancing seems to me to be the best outcome for the company and shareholders.

    Cheers
    Last edited by sabine: 26/01/23
 
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