PNV 9.28% $2.59 polynovo limited

I think that relates to the equipment finance facility which was...

  1. 6,513 Posts.
    lightbulb Created with Sketch. 1912
    I think that relates to the equipment finance facility which was secured over the property on Lorimer St.

    Given they won't own the property after its sale, I think it will it will be a permanent reduction in debt, unless they negotiate a new debt facility.

    This was also why DW was telling the analyst that the bank was not putting any pressure on changing the terms of the debt facility (which was what the analyst had initially suggested) - they have property as security which we all know has skyrocketed in the past few years, so the bank would have had zero concerns.

    It was kind of obvious and a waste of time from the analyst on that issue to be honest.
    Last edited by Sojourner: 25/02/22
 
watchlist Created with Sketch. Add PNV (ASX) to my watchlist
(20min delay)
Last
$2.59
Change
0.220(9.28%)
Mkt cap ! $1.787B
Open High Low Value Volume
$2.44 $2.62 $2.44 $11.81M 4.632M

Buyers (Bids)

No. Vol. Price($)
5 8020 $2.58
 

Sellers (Offers)

Price($) Vol. No.
$2.59 48292 7
View Market Depth
Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
PNV (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.