I think that 'banks won't touch them' is likely not fair as an assessment. It should be moreso that if they were to get debt, it would normally carry heavy terms and high interest rates, which may be less ideal than a raise itself.
You did mention con notes, but they are just dilution by a different name usually, and also carry heavy terms most of the time.
I have CR somewhere around 30-40%, because of managements history of prudent decision making and cost cutting, and also the off-shore manufacturing terms they have in place being able to gear up and gear down in these quantities relatively easily.
- Forums
- ASX - By Stock
- SPA
- Ann: March QTR Results, COVID-19 and Withdrawal of Guidance
Ann: March QTR Results, COVID-19 and Withdrawal of Guidance, page-15
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPA (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.007M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 541175 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 541175 | 0.017 |
3 | 586196 | 0.016 |
4 | 461774 | 0.015 |
3 | 335780 | 0.014 |
3 | 497499 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 50000 | 1 |
0.020 | 98267 | 2 |
0.021 | 201579 | 1 |
0.022 | 332871 | 2 |
0.023 | 550000 | 2 |
Last trade - 16.12pm 03/07/2024 (20 minute delay) ? |
Featured News
SPA (ASX) Chart |
Day chart unavailable
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online