It's definitely good to have them in our corner. To be fair, even though they have been bullish on the stock for a while now, they are getting paid a decent price in returns for taking on those loan risk (6% + BBSW which is currently 3.1% on top of 62mn options with strike price of 40c, so already in the money to the tune of 3.1mn). It's great that we have been able to renegotiate the terms of the loan to reflect our strengthened financial position as well as market value for our gas (which is the collateral).
618
Ann: Financing Update, page-5
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Last
21.0¢ |
Change
-0.005(2.33%) |
Mkt cap ! $600.7M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 21.0¢ | $797.3K | 3.776M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 51 | 2950609 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 770806 | 9 |
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| STX (ASX) Chart |