Anton, Piramal is not a shareholder of TSI.
TSI issued debentures to Piramal with an 8% interest yield (by memory).
Piramal can have those debentures converted to equity at the time TSI is listed on the Bombay exchange. or they can be paid back. TSI can also pay out the debentures early with an IRR of 16% (by memory).
I think with the strong cashflows we will see in the coming years that FND board will elect to have those debentures repaid to avoid dilution.
- Forums
- ASX - By Stock
- Ann: White Label ATM Licence Update
Anton, Piramal is not a shareholder of TSI. TSI issued...
- There are more pages in this discussion • 23 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 FND (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.78 |
Change
-0.020(0.53%) |
Mkt cap ! $184.4M |
Open | High | Low | Value | Volume |
$3.79 | $3.92 | $3.65 | $668.6K | 176.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3406 | $3.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.80 | 1000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3406 | 3.680 |
1 | 601 | 3.670 |
1 | 1365 | 3.660 |
3 | 15611 | 3.650 |
1 | 601 | 3.640 |
Price($) | Vol. | No. |
---|---|---|
3.800 | 1000 | 1 |
3.850 | 3000 | 2 |
3.940 | 10000 | 1 |
3.950 | 22678 | 6 |
3.970 | 2000 | 1 |
Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
Last
$3.79 |
  |
Change
-0.020 ( 0.90 %) |
|||
Open | High | Low | Volume | ||
$3.72 | $3.90 | $3.68 | 17791 | ||
Last updated 15.58pm 14/06/2024 ? |
Featured News
FND (ASX) Chart |