From what I have read it is not adding debt but changing it from a secure fixed term to a unsecured short term loan of up to 4 years with options to payout after 2 years, to me this would suit CAJ in regards to lowering debt sooner if that is the plan.
Champee.
Ann: 4-year senior unsecured notes-CAJ.AX, page-5
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $335.8M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 31.5¢ | $33.07K | 105K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 340654 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 1927951 | 10 |
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| Last trade - 10.27am 13/09/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |