Jupiter JPRannc today, just realised its a debt reduction of $90 million... wtf, lol... Good on management for pulling this one off, seriously !!
"Remaining Debt and Repayment Strategy: In broad terms the amended debt restructure, if supported by shareholders,would see Jupiter significantly reduce its debt from ~$A114.4m, as at 30 September 2022, to ~$A25.5m as at 30 November 2022(assuming an exchange rate of $A1=$US0.65)."
then great buying for anything under 5-6c here, what a great outcome !!
JPR Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
