Pantoro has held the loans 12 months at the end of financial year at which time the Term Loan can be paid out.
SOFR ( which is currently around 5.3% ) + 8% = 13.3% which is expensive money.
I agree the CR announcement may have come from left field for most ( & me ) but it is what it is … the most important point is if they can leverage value from raising money … debt free, increasing production and profits which may drive a much better market valuation.
Ann: Trading Halt, page-38
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Last
8.0¢ |
Change
-0.002(1.85%) |
Mkt cap ! $498.3M | |||
| Open | High | Low | Value | Volume |
| 8.1¢ | 8.2¢ | 7.9¢ | $325.9K | 4.083M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 865251 | 7.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.0¢ | 272613 | 10 |
View Market Depth
| Last trade - 12.27pm 17/06/2024 (20 minute delay) ? |
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Last
8.0¢ |
Change
-0.002 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| 8.0¢ | 8.0¢ | 7.9¢ | 816450 | ||
| Last updated 12.21pm 17/06/2024 ? | |||||
| PNR (ASX) Chart |
