TER 2.38% 21.5¢ terracom limited

Very poor decision by the board. They have basically committed...

  1. 1,158 Posts.
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    Very poor decision by the board. They have basically committed to paying USD15M interest on a USD7.5M debt for 9 months....that's an equivalent rate of 266%pa...what a joke. Tells me that
    a) they don't have any finance options left
    b) the debt holder thinks TER is a high risk investment.

    As far as the TLO goes, I'm happy to lay anyone that wants to bet it will be open by the end of February...
 
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21.5¢ 215772 11
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Last trade - 11.01am 12/07/2024 (20 minute delay) ?
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