If anyone is questioning why didn't they get a lower interest...

  1. 596 Posts.
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    If anyone is questioning why didn't they get a lower interest rate given the stronger position of XRG with strong growth now at play and sort of/almost cashflow positive, keep in mind the debt is still presumably unsecured (ie. the indoor skydiving assets are not mortgaged) and that the RBA interest rate has increased a good 4% since they signed the previous debt, so the effective rate has dropped from 14% to 10%.

    Presuming the skydiving centres not part of security gives flexibilty for carving off from the Operator XR main game.
 
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(20min delay)
Last
2.9¢
Change
0.001(3.57%)
Mkt cap ! $21.56M
Open High Low Value Volume
2.8¢ 3.1¢ 2.6¢ $30.77K 1.090M

Buyers (Bids)

No. Vol. Price($)
1 113495 2.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.1¢ 10046 1
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Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
XRG (ASX) Chart
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