Bond wasn't required in first place.
they could have finished existing borrowing without issuing new bond.
also this statement is based on today's rate not based on rate they could have received after FED in US reduce their rates...!
market is smarter than you and me and it reacted accordingly.
Ann: 2024 Second Quarter Report, page-66
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Last
$1.47 |
Change
-0.040(2.65%) |
Mkt cap ! $1.179B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.53 | $1.47 | $10.74M | 7.225M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15772 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.48 | 3390 | 1 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| KAR (ASX) Chart |