The loan is 6 months. The costs are:
1. An establishment fee of 3.5% or $910,000 on the $26m principal
2. The ongoing interest is 1% + BBSY where BBSY is around 0.3%.. so 1.3% x $26m / 2 is $340k.
The combination of the above is a cost of $1.25m on a $26m loan over 6 months, this is 9.6% effective interest rate, it’s actually more as the establishment fee is paid upfront.
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Last
60.5¢ |
Change
0.005(0.83%) |
Mkt cap ! $536.2M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 61.0¢ | 59.8¢ | $1.067M | 1.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16800 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 13011 | 2 |
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| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| MLX (ASX) Chart |