The Cap Raising presentation sumarises the banking covenants ... can't see any that relate to share price.
I also haven't seen any notifications of major holders selling. (Only the rebalance after the cap raising).
IMO, the major holders are sitting pat, and the SP is being driven by retail investors.
The fact that FKP refused the sale of GasWorks1 to CMW recently implies that the actual FKP business is fine.
(But I'm guessing).
- Forums
- ASX - By Stock
- a new floor
The Cap Raising presentation sumarises the banking covenants ......
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares