I agree the current deal is a good one.
It also gives confidence in another way. I am sure that inflation means that the project will cost more than it was predicted to several years ago, with all the inflation etc since then. I wouldn't be suprised if it were 20-30% more. But the fact that Alk has chosen this quite minor restructuring and the wording of this annoucement - helping smooth etc - suggests that it considers it can fund the project with a combination of that debt facility and income, without resorting to capital raising. Its a win.
GLTA.
I agree the current deal is a good one. It also gives confidence...
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Last
52.5¢ |
Change
-0.025(4.55%) |
Mkt cap ! $316.8M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.5¢ | 52.5¢ | $388.9K | 735.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 144343 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 94773 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ALK (ASX) Chart |