My reading of it is that they are confident of receiving the full amount if they were to wait out the X years it would take, i.e. there is no risk to the payment from the delay. And then separately to that they are seeking to monetise in advance which will certainly require some sort of discount.
Ann: Proposed Capital Return, page-18
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Last
49.5¢ |
Change
-0.005(1.00%) |
Mkt cap ! $45.74M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 49.5¢ | $61.72K | 124.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 241 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 867 | 1 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| FAR (ASX) Chart |