BNB may be back on but they have been seriously bent over a barrel.
Their costs are BBSW + 600bps.....not exactly a cheap source of funding.
There is no chance whatsoever this will rise 100% when it relists like BNB has today.
Whilst BNB is swimming in debt they have excellent assets.
Pretty hard for OZL to dispose of assets when the cycle is not even at the trough yet.
I would imagine that funding costs for the refinanced facilities will be exhorbitant to OZL but not at the same level.
- Forums
- ASX - By Stock
- OZL
- can ozl do a bnb
can ozl do a bnb, page-5
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)