$365m@6% average interest equates 22m interest cost alone, if the rental business was impacted as disclosed, that is lots of none performing assets sit on the book ...
their rental income would be 140m a year tops, cash flow wise, dont think they can afford 15% margin to pay interest, I am surprised they havent updated market regard its finance convt terms.
- Forums
- ASX - By Stock
- Ann: Trading Update
$365m@6% average interest equates 22m interest cost alone, if...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ATL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online