SVR 2.37% $1.03 solvar limited

Ann: Market Update and FY24 trading conditions, page-59

  1. 251 Posts.
    lightbulb Created with Sketch. 68
    One question I have that maybe someone with knowledge of corporate financing could answer: is the significant share price fall potentially a concern in terms of loan covenants? We might have the cashflow to continuing servicing our debt, but unlike personal/home loans I think corporate loans usually have ongoing covenants tied to SP/equity somewhat akin to margin loans? Well we just lost ~30% of our equity, would we be likely to face any risk of losing access to credit and/or be forced into distressed selling of some of our loan book?

    Last edited by cpetersen: 10/08/23
 
watchlist Created with Sketch. Add SVR (ASX) to my watchlist
(20min delay)
Last
$1.03
Change
-0.025(2.37%)
Mkt cap ! $214.5M
Open High Low Value Volume
$1.05 $1.07 $1.03 $236.9K 227.5K

Buyers (Bids)

No. Vol. Price($)
2 26926 $1.03
 

Sellers (Offers)

Price($) Vol. No.
$1.04 19864 1
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
SVR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.