re: Ann: New working capital facility and ref... Great,
Wonderful spin. Managmenet say this is terrific.
I say they have been forced to hock thier last unemcumbered asset at a very competitive 10.5%.
Basically these guys did this because their working capital went to prop up their development syndicates and now has been written off.
I think part of the use of these funds will be;
Settlenet of the put option they will loose 12m on and the final working capital calls on the tax office development.
I bought in just before the announcement and an unpleasantly surprised.
Good luck all.
re: Ann: New working capital facility and ref... Great,Wonderful...
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Last
$1.78 |
Change
-0.015(0.84%) |
Mkt cap ! $354.6M | |||
| Open | High | Low | Value | Volume |
| $1.80 | $1.80 | $1.73 | $9.525K | 5.452K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5749 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 32910 | 1 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| APZ (ASX) Chart |