Hi O.C, you can chose to ignore the covenant breaches, but the market won't. It all adds to the risk profile. That's why I say it should be an objective of any re-financing to get them removed, or at least relaxed to a level that can be achieved. Perhaps it's lowering the overall net debt that allows it to be achieved with an equity partner, but however they structure it we don't want to be in position of being in breach of covenants every quarter. Just leaves you at mercy of lenders, not a good position to be in and gets reflected in share price.
Just my thoughts though, others may see it differently.
- Forums
- ASX - By Stock
- 1MC
- Ann: Altura Ships Record Lithium Concentrate Cargo
Ann: Altura Ships Record Lithium Concentrate Cargo, page-37
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
Add 1MC (ASX) to my watchlist
|
|||||
Last
4.4¢ |
Change
0.001(2.33%) |
Mkt cap ! $10.87M |
Open | High | Low | Value | Volume |
4.2¢ | 4.4¢ | 4.0¢ | $11.17K | 266.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 308748 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 166024 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 268748 | 0.040 |
1 | 18000 | 0.039 |
1 | 50000 | 0.037 |
1 | 16500 | 0.036 |
1 | 31281 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 166024 | 4 |
0.045 | 114350 | 5 |
0.046 | 21739 | 1 |
0.047 | 45000 | 1 |
0.048 | 20833 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
AVH
Avita boosts skin restoration product portfolio with 'dermal matrix' – a kind of next-level gauze made of fake skin
1MC (ASX) Chart |