Correct.
Its a more expensive way of doing it but frees up cash flow.
The board know what they are doing, they will most likely refinance once the market forces improve.
If they can, it would be an ACE up their sleeve move,if they could use banks that dont use wood mac pricing model for spod.
Great move by the board though.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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---|---|---|
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11 | 268647 | 0.740 |
5 | 157789 | 0.735 |
10 | 175146 | 0.730 |
11 | 200827 | 0.725 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 179675 | 4 |
0.755 | 170127 | 8 |
0.760 | 58800 | 2 |
0.765 | 15000 | 2 |
0.770 | 26464 | 7 |
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