I would guess US$750k for the extra three months but I don't think it'll work like that. It'll be a totally new agreement for ~US$30mil for the next six months and cost around US$2.5mil(A$3.8mil) in interest and charges at an effective interest rate of 16.67%pa.
And it wouldn't surprise if KCN has already drawn part of or all of the extra US$16mil during June as they're cash strapped. It always amazes me how they leave it until the very last moment to raise funds - it seems they don't realise all the funds are gone until they start digging into the $13k in the Petty Cash tin.
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No. | Vol. | Price($) |
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2 | 9706 | 1.520 |
2 | 30000 | 1.510 |
1 | 25000 | 1.500 |
1 | 20000 | 1.480 |
Price($) | Vol. | No. |
---|---|---|
1.550 | 24706 | 2 |
1.555 | 4706 | 1 |
1.560 | 10000 | 1 |
1.580 | 12275 | 1 |
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