I simply cannot see how there is not going to be a significant equity raising. Federation cost was going to be around 100M - say they are able to save 10-20% somehow they still need 80-90M. They have 30M cash at the moment so still need 50-60M at an absolute minimum. Cost of debt is expensive, they are more likely to issue more shares.
I simply cannot see how there is not going to be a significant...
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Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $321.3M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 17.5¢ | $2.272M | 12.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55948 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 100000 | 1 |
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| AMI (ASX) Chart |