"In an announcement, the company mentioned that the new facility with a two-year term is a significant reduction in warehouse funding costs of below 3.95 per cent p.a (+BBSW) on a fully drawn basis, taking the combined warehouse loan asset funding costs to below 5 per cent p.a (+BBSW), (down from 11.4 per cent in FY20)."
I think the senior debt is ~4% total currently, with the combined funding being <5%. So I assume the senior debt is the cheapest, so today's announcement should bring down their average funding costs slightly more eg. from 4.8% to 4.7%.
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- Ann: Major Bank increased funding commitment to $150m
"In an announcement, the company mentioned that the new facility...
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Last
6.4¢ |
Change
0.001(1.59%) |
Mkt cap ! $51.20M |
Open | High | Low | Value | Volume |
6.3¢ | 6.4¢ | 6.0¢ | $333.6K | 5.377M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3983 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 125200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3983 | 0.062 |
1 | 49916 | 0.061 |
5 | 177324 | 0.060 |
1 | 600000 | 0.059 |
1 | 10000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 125200 | 1 |
0.068 | 100000 | 1 |
0.070 | 67681 | 3 |
0.072 | 156387 | 1 |
0.074 | 75000 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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