Drummnutt
Using the HY report, which is the one you have linked.
Net Debt:
Current loans $1.2M
Non-current loans $905.5M
less cash $95.9M
gives $810.8M net debt before cap raising and $645.8M after.
Where's the $1B come from?
The no. of shares was around 502M at the HY and is about 777M now. Where'd you get 554?