PNA also have $300 Million Loan facility with ANZ, if the PNA share price continues to drift lower then ANZ have by right the option to increase the interest rate applicable to the loan. I don't have a share price trigger for that action to take place but PNA cannot afford the share price to fall under 30c IMO.
Desperate times ahead.
what will pna worth today, page-33
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)