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.
Pantoro has held the loans 12 months at the end of financial...
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Last
8.9¢ |
Change
-0.001(1.11%) |
Mkt cap ! $561.3M | |||
| Open | High | Low | Value | Volume |
| 8.7¢ | 8.9¢ | 8.7¢ | $317.9K | 3.622M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 255893 | 8.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.9¢ | 995758 | 1 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
8.8¢ |
Change
-0.001 ( 1.68 %) |
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| Open | High | Low | Volume | ||
| 8.7¢ | 8.9¢ | 8.7¢ | 15803860 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PNR (ASX) Chart |