Collateral of $15,000,000 share @ 0.035 = $525,000
Hence a $200k facility was added.
And a “further” $260k held in trust.
So:
Cash at bank $100k
Facility $200k
Trust $260k
——————————
TOTAL $560k
——————————
$560k/15,000,000 = 0.037333
Therefore @ 0.037334 they need use of the $4.5mil faculty.
But what are the terms of these three (3) facilities ?
Capital management has in the past, not been strong.
Ann: Quarterly Activities and Cashflow Report, page-20
-
- There are more pages in this discussion • 4 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 LKE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.0¢ |
Change
-0.003(6.98%) |
Mkt cap ! $66.52M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 3.9¢ | $753.4K | 18.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 731925 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.1¢ | 760271 | 12 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LKE (ASX) Chart |