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Capital injection + debt repayment does not affect profit or...

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danbradster

5,708 Posts.

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01/08/23

15:41

Post #: 69102761
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Originally posted by huabamane: ↑

I am assuming the that $25m debt repayment will detract from the NPAT for the second half, is that correct? Or is there an accounting way to offset that by the capital raise? With very limited knowledge in this field, I am under the impression that capital raises arent attributed to “profit” and therefore can’t offset losses/repayments?

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Capital injection + debt repayment does not affect profit or loss directly, except once it starts to contribute interest savings, then it is a reduction in expenses = higher profit.

MME Price at posting: 6.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.5¢		Change 0.000(0.00%)		Mkt cap ! $60.00M

Open	High	Low	Value	Volume
7.5¢	7.5¢	7.5¢	$4.27K	56.93K

Buyers (Bids)

No.	Vol.	Price($)
1	40000	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.5¢	74389	2

View Market Depth

No.	Vol.	Price($)
2	81689	0.072
1	66000	0.071
2	56000	0.070
1	14925	0.069
1	91098	0.061

Price($)	Vol.	No.
0.075	34389	1
0.076	581762	1
0.077	106602	3
0.078	38472	1
0.080	50500	2

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