They lengthened the debt maturity to 2029 and paid repaid the existing drawn down debt of $274m from the RBL. So if they hadn’t done that, they would still owe $274m out of the $340m RBL and have to pay it back sooner, but if you can run a business by paying out dividends instead of paying down debt, you’re a better man than I because I would call that bonkers.
Karoon Coming Milestones, page-18
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Last
$1.46 |
Change
-0.065(4.26%) |
Mkt cap ! $1.160B | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.52 | $1.45 | $15.96M | 10.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 45 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 119063 | 3 |
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