the lenders is getting 95% of the company, plus 250m pound convertible note, plus $35m senior loan and $40m work capital.
i anticipate FY report to shows, company still making a loss.
In which case, share price should be south of 2 cents.
- Forums
- ASX - By Stock
- SGH
- Ann: Recapitalisation Agreement
Ann: Recapitalisation Agreement, page-74
-
- There are more pages in this discussion • 190 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla