So we’re agreed - some kind of capital raise will be needed (as outlined in LTR’’s own recent presentation) prior to end of 2023.
Thats not FUD. That’s fact @TrayonRanger
So Debt or Equity? There are advantages and disadvantages to both (this is by no means an exhaustive list)…
Broadly speaking:
1. Equity - no repayment obligation but you surrender a portion of the company (usually at a discount). Non participation can dilute current holders BUT - Places no additional financing obligation on the company which frees up working capital (no monthly interest repayments etc).
2. Debt - doesn’t require giving up a portion of the company but does require repayment, normally with a decent interest rate premium attached and can carry financial caveats and penalties if not met in a timely manner. Also debt financing can come with restrictions that limit what the company can do.
To me - given the global uncertain economic outlook and the tools that central banks have - raising interest rates are one of the only levers that many have of controlling inflation - IMO this rules Debt financing out for LTR and they will need to go down some sort of Equity financing route in the not too distant future.
DYOR IMO
- Forums
- ASX - By Stock
- LTR
- Ann: Appointment of Chief Financial Officer
Ann: Appointment of Chief Financial Officer, page-53
-
-
- There are more pages in this discussion • 51 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
Add LTR (ASX) to my watchlist
(20min delay)
|
|||||
Last
80.0¢ |
Change
-0.010(1.23%) |
Mkt cap ! $1.940B |
Open | High | Low | Value | Volume |
83.5¢ | 84.0¢ | 80.0¢ | $8.438M | 10.32M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 93085 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
80.5¢ | 52300 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 76835 | 0.800 |
13 | 300078 | 0.795 |
20 | 442312 | 0.790 |
7 | 103544 | 0.785 |
24 | 230288 | 0.780 |
Price($) | Vol. | No. |
---|---|---|
0.805 | 52300 | 2 |
0.810 | 83967 | 4 |
0.815 | 203350 | 6 |
0.820 | 150600 | 4 |
0.825 | 71592 | 5 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
Featured News
LTR (ASX) Chart |