MEL 11.1% 0.5¢ metgasco ltd

Ann: Conduct of Keybridge Capital and resignation of director, page-10

  1. 712 Posts.
    lightbulb Created with Sketch. 370
    The $5m facilty was Keybridge $3m and Glennons for $2m. How likely is Glennons to move with Keybridge? It could make the difference between a $3m or $5m hurdle.

    When the facility was announced in March the independent debt advisory had received multiple finance offers. While this can be a throwaway comment Odin and Vali have both been progressed since March. Time for the advisors to dust off loan applications.

    The timing of it all sucks but, based on the announcement, we are not in default so hopefully there is the chance refinance rather than CR.
 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(11.1%)
Mkt cap ! $6.244M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $506 101.1K

Buyers (Bids)

No. Vol. Price($)
14 15088215 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 153452 2
View Market Depth
Last trade - 10.04am 18/06/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.