A few thoughts ...
Yep! The debt facilities ARE expensive!
New covenant ratios likely increase the risk of breach!
But ... It gives management up to 3 years, so some certainty.
Also, if there was a breach of borrowing covenants and WHSP were to exercise it's rights and call the loans then a likely additional outcome would be the loss of all equity value.
Ann: New Financing Facilities and Strategic Growth Options, page-7
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EOS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.56 |
Change
0.065(4.36%) |
Mkt cap ! $300.0M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.57 | $1.44 | $1.336M | 879.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| EOS (ASX) Chart |