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$1.48 karoon energy ltd

And while KAR is down hard today, HZN share price is up. Gee I...

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Vinculum

321 Posts.

28

04/06/24

11:22

Post #: 74152736
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Originally posted by UberTrader: ↑

This is how HZN did debt financing this morning. They are raising 42.5m from Australian bank (No need to go to US for everything so no need to bullsheet about US election) at BBSW+5% rate which means if BBSW goes down then your final interest will be lower so it is more like variable plus fix margin type. This loans great when possibility of interest rate going down is high. As per second screenshot below BBSW follows RBA interest rate and hence this far superior deal in current environment.

before some nut job tell me that HZN has first ranking debt but KAR has different type, then this is about which works better with higher possibility of paying lower interest rate. The whole purpose of this debt deal made by KAR outrageous and they still managing to earn high monthly wages + free share+ tea & biscuit in the office while we just watch price bleeding in day light market.

Today's down price movement is due to OPEC+ deciding to remove production cut gradually from Sept/Oct 24 onwards.

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And while KAR is down hard today, HZN share price is up. Gee I wonder why.

KAR Price at posting: $1.74 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $1.48		Change 0.025(1.72%)		Mkt cap ! $1.172B

Open	High	Low	Value	Volume
$1.48	$1.49	$1.46	$4.698M	3.195M

Buyers (Bids)

No.	Vol.	Price($)
1	7026	$1.47

Sellers (Offers)

Price($)	Vol.	No.
$1.49	24874	3

View Market Depth

No.	Vol.	Price($)
1	7026	1.470
4	51672	1.465
2	85603	1.460
2	26001	1.455
11	143722	1.450

Price($)	Vol.	No.
1.485	24874	3
1.490	54915	4
1.495	186824	4
1.500	41515	4
1.505	17742	3

Last trade - 16.10pm 17/09/2024 (20 minute delay)

KAR (ASX) Chart