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0.00% 4.5¢ wellard limited

Ann: MV Ocean Outback Update, page-8

  1. stephcn
    403 Posts.
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    06/01/16
    23:21
    Post #: 16744046
    According to page 45 of their 2015 financial report, they have $534m debt, more than 93% debt is reprsented in USD. Why they can not borrow money from Australia? With FX rate goes worse and LIBOR goes higher in 2016 FY, their financial situation goes worse. Higher interest payment and higher FX loss. Terrible.
    WLD Price at posting: $1.33 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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