SP3 0.00% 2.3¢ spectur limited

Ann: Debt Facility No Longer Applicable, page-13

  1. 467 Posts.
    lightbulb Created with Sketch. 100
    Talk about an overreaction to this announcement, it looks like a few sellers fell for it.

    @ 9.2c the EV was around $4M

    It's not uncommon for one of the big 4 banks to turn around a pull a credit approval at the last minuet.

    Anyone would think the market is pricing SP3 as though they burn through $2M per quarter.
 
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