Jupiter JPR annc today, just realised its a debt reduction of $90 million... wtf, lol... Good on management for pulling this one off, seriously !!
"Remaining Debt and Repayment Strategy:
In broad terms the amended debt restructure, if supported by shareholders, would see Jupiter significantly reduce its debt from ~$A114.4m, as at 30 September 2022, to ~$A25.5m as at 30 November 2022 (assuming an exchange rate of $A1=$US0.65)."
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Day Trading Arvo October 4th, page-2
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