GPT 0.68% $4.45 gpt group

gpt announces entitlement offer , page-8

  1. 14,065 Posts.
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    "how much dbt is that covenant for?"

    If the companies asset values fall from $14bn to $10.3 then it will be breach of its covenant with the bank

    5.7/10.3 = 55%

    asset value would therefore have to fall 25%

    likely or unlikely?

    probably very likely
 
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