Ru55,
If you look at the commentary 1H24 investor update, they clearly state they are progressing on page 16, Quote
Refinancing process progressing with further updates to
be provided as appropriate
December 2023 covenant test passed, with projected
headroom against March 2024 and June 2024 covenants
From my perspective, less with the negativity and some patients.
I would like clarity on the refinancing, but when they do announce it I suspect that the SP will rocket from where it is today. Not sure where it will end up though and rocketing off $0.051 isn't a great deal. I just hope there isn't another capital raising.
Lets just wait an see rather than speculating!
Ru55,If you look at the commentary 1H24 investor update, they...
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