TOY 4.00% 9.6¢ toys'r'us anz limited

Ann: TOY Confirms Debt Funding, page-5

  1. 181 Posts.
    lightbulb Created with Sketch. 26
    This is no bank loan, no bank ever takes warrants, so its an alternative lender. What disturbs me is the lack of detail, no mention who provides the funding, what margin they are charging but I would suggest a minimum rate of 10% pa. These guys aren't even cash flow positive and yet they are taking on debt to expand, no doubt because they cant raise equity.
 
watchlist Created with Sketch. Add TOY (ASX) to my watchlist
(20min delay)
Last
9.6¢
Change
-0.004(4.00%)
Mkt cap ! $11.10M
Open High Low Value Volume
10.0¢ 10.0¢ 9.2¢ $425 4.413K

Buyers (Bids)

No. Vol. Price($)
2 11019 9.2¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 71 1
View Market Depth
Last trade - 15.36pm 26/07/2024 (20 minute delay) ?
TOY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.