Is that last line of the Ann meant to funny? I'm failing to see the lasting benefit to all stakeholders, their words, of
A. Taking on this debt
B. Refinancing it.
They can pay 10.5 PC on usd350 million of debt , needless debt. But can't pay out a single cent to all stakeholders, but can pay bonus to management for buying a lemon.
I'm obviously way off here so someone please correct me quick!
Tc
Ann: Karoon prices US$350m Second-Priority Senior Secured Notes, page-20
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Last
$1.72 |
Change
0.060(3.61%) |
Mkt cap ! $1.378B | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.73 | $1.67 | $18.60M | 10.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 48682 | $1.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.73 | 130076 | 5 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |