Karoon Coming Milestones, page-22

Are you sitting on Chief Entertainment Officer's chair ?

The debt wasn't due until next year. So there was no rush to do it. Based on current cashflow they aren't considered stressed business that bend to lenders term and condition.

There was no need to issue debt but instead they could have made debt facility available at variable rates tied up to BBSW to take advantage of lower interest rate as fed reduces rates moving forward.

if they made debt facility like HZN then they don't need to pay interest on entire amount but instead pays interest on amount they withdraw as needed basis which is the standard case in commercial transactions.

if paying debt only allows company to pay dividends then probably most companies on ASX won't be paying a cent in dividends.

Try something meaningful so we can all benefit from the Chief Entertainment Officer's knowledge