That level of debt would have come with a hefty risk premium. LYC currently don't have the significant cash flows required to secure the what would have ultimately been well over half a billion net debt to satisfy the risk averse debt financers who actually offer fair rates.
Ann: Fully Underwritten Equity Raising - Approximately A$425M, page-19
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.10 |
Change
-0.160(2.56%) |
Mkt cap ! $5.701B | |||
| Open | High | Low | Value | Volume |
| $6.14 | $6.16 | $6.02 | $31.69M | 5.119M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23252 | $6.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.10 | 23221 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |