Someone should check their math. The overnight finance rate is 5.3%. Add 6.77% and you get 12%.
That's good and normal for a loan of this type. That rate would fall if interest rates begin to fall later this year but MNB should pay that debt down very quickly anyway based on current guidance.
Someone should check their math. The overnight finance rate is...
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6.1¢ |
Change
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Mkt cap ! $53.59M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.3¢ | 6.0¢ | $52.48K | 863.4K |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 564815 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 451681 | 3 |
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| MNB (ASX) Chart |