STX 2.27% 22.5¢ strike energy limited

Agree on the disclosure, it does get annoying. Even on the CBA...

  1. 64 Posts.
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    Agree on the disclosure, it does get annoying.
    Even on the CBA facility seems they knew the R&D rebate was not coming and the CBA facility extended back in Nov. 

    From AR:

    "As detailed in Note 5.1, the Group has a bankingfacility which provides pre-funding for eligible R&D expenditure. Thefacility is due for repayment in November 2018 and is expected to be fundedfrom the proceeds of the Group’s 2018 R&D refund. If receipt of the R&Drefund for 2018 were to be delayed, there would be a misalignment with therepayment timelines of the CBA facility and the Group will either need torenegotiate the terms of the CBA facility, refinance the facility or raiseadditional funds."

 
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