'Clearly we don't respond to media reports, but I'm more than happy to talk about our balance sheet. The balance sheet is strong. There is no requirement to raise capital. There are no covenant pressures. There is no covenant pressure whether we adopt fair value or we adopt amortised costs. There is no funding pressure and there is a normal expectation that our banks will continue to support us and roll over contracts in the normal course of business and there's nothing to suggest otherwise in our engagement with them. We are entirely comfortable with where we're at. We are entirely comfortable with where we are as a business and curiously and understandably in some parts questions get raised when share prices drop, but operationally this business is performing strongly and we are very comfortable with where we're at and we are pleased with what we see in front of us.'
That's pretty emphatic & clear regarding their funding position.
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Mkt cap ! $64.10M |
Open | High | Low | Value | Volume |
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2 | 14882 | 0.475 |
1 | 17976 | 0.465 |
1 | 15000 | 0.460 |
2 | 15056 | 0.420 |
Price($) | Vol. | No. |
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0.510 | 50000 | 1 |
0.515 | 30000 | 1 |
0.520 | 2652 | 1 |
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