MAE 0.00% 0.0¢ marion energy limited

Ann: Bank Facilities Renewed, Increased by US$ 6 , page-31

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  1. 682 Posts.
    re: Ann: Bank Facilities Renewed, Increased b... Can't be too unhappy with the finance deal. No lump sum payment for the extension. Interest rate pretty fair given the type of asset. The options isssued are a fair way out of the money at the moment.
    Although if they have confidence in the coy it will be a nice earn for them. ie if share sells for $1 aud they are set to get 6.375 million windfall on their extension.
    A good deal if it comes off.
 
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