Tarvold you make a good point. Potentially the bankers could accept a temporary accomodation of covenant breaches, however I expect they would require loan principal amortisation to bring back within limits within a target timeframe. That would necessitate either the cap raising (immediate fix) and/or a temporary reduction or pause in dividends (but that might have issues around REIT status??? Not sure)
Tarvold you make a good point. Potentially the bankers could...
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Last
$1.19 |
Change
-0.003(0.21%) |
Mkt cap ! $710.8M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.18 | $63.61K | 53.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 7215 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 26478 | 8 |
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| Last trade - 11.28am 21/06/2024 (20 minute delay) ? |
| COF (ASX) Chart |