For context I think they have saved around $1m of interest by securing such an attractive rate...it's just whether issuing that many options, particularly to an entity who (in my opinion) appeared to be suppressing the share price offsets that saving.
As a positive, that quantum of funding sets the company up. As long as the current wells all come online well then we should have cemented this share price as our low point.
Ann: $5m debt facility secured to deliver Odin gas to market, page-3
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.493M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2510860 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 5414576 | 7 |
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