Don't agree. Underwritten loan so that they can pay someone but not totally certain it can close. No interest rate savings yet consensus was always that the rate was high... I have my doubts this is very good and I don't believe the $1.00 - They should be raising equity to the point at which banks see them as an infrastructure safe risk. That is when this stock is a SMSF target and all the other investors looking for a place to put their money. I would rather have raised another $200 million especially with new assets coming on board. Forget the current share price do a full accelerated rights issue @60c and get the structure right.
Ann: FY18 Interim Results and Early Refinancing Announcement, page-5
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Last
$1.24 |
Change
-0.015(1.20%) |
Mkt cap ! $166.8M | |||
| Open | High | Low | Value | Volume |
| $1.29 | $1.30 | $1.22 | $98.14K | 77.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3426 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 9726 | 1 |
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| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| IFN (ASX) Chart |