reserves based non recourse senior debt means that the lenders loan against the value of the reserves. non recourse generally means that if stuff goes bad that the lender can only seize the specific assets mentioned in the loan agreement. senior debt means they get paid first against any sale of the asset
Ann: Quarterly Activities Report and Appendix 5B, page-10
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Last
15.3¢ |
Change
-0.003(1.61%) |
Mkt cap ! $268.3M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 15.0¢ | $11.10K | 73.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 225614 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1587145 | 19 |
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| CVN (ASX) Chart |