MYX 2.38% $4.51 mayne pharma group limited

Write downs, page-123

  1. 10,952 Posts.
    lightbulb Created with Sketch. 1348
    Simply put there is a covenant where shareholder funds must be above $800M

    yesterday shareholder funds was $1.23B today that's $1.01B.. so only ~$200M to go.

    So basically if intangible assets fall below $500M it will break a covenant
    Last edited by Calvo: 23/08/19
 
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