My understanding is that MB will lend more against the current reserves than other lenders CTP has approached. Hence it will cost an additional loan repayment ($5m -$10m?) to refinance now.
And yes, MB can stand in the market and buy up to 19.9% without launching a takeover. They have to notify the company past 5% of being a substantial holder.
Old Direction Fanciful Finance, page-25
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CTP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.52M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 279163 | 4.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.2¢ | 96150 | 1 |
View Market Depth
| Last trade - 11.57am 15/07/2024 (20 minute delay) ? |
| CTP (ASX) Chart |
Day chart unavailable