Thanks for your response, but i cant see kar doing another raise. And doubt the shorts have any reason to think so.
Kar has cash in hand after paying the first portion and still producing at a profit. If they need some more cash to complete their projects, they can take on another loan. Yes they only pay interest on what is drawn.
I still don't understand what you mean by, someone missed the point. the point being the debt facility is not relevant so it does not need to be mentioned as anything of importance or substance.
Ann: June 2020 Quarterly Report and Appendix 5B, page-28
Add KAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.90 |
Change
-0.005(0.26%) |
Mkt cap ! $1.518B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.94 | $1.87 | $17.25M | 9.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 146765 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 120815 | 2 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.89 |
Change
-0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| $1.92 | $1.94 | $1.87 | 1276151 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| KAR (ASX) Chart |