Makes no sense why they would even bother taking out such an expensive form of financing when they've got $30m of net cash on the balance sheet. If they can produce enough free cash flow from earning this half, there shouldn't be any need to utilise the debtor financing.
Meanwhile, I'll continue to accumulate under 20 cents.
Ann: Refinancing Update, page-2
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Last
17.8¢ |
Change
-0.003(1.39%) |
Mkt cap ! $54.40M | |||
| Open | High | Low | Value | Volume |
| 17.8¢ | 17.8¢ | 17.8¢ | $4.438K | 25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 25000 | 1 |
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| Last trade - 14.05pm 23/08/2024 (20 minute delay) ? |
| MYE (ASX) Chart |