Lonsec news about 2 weeks old, but still worth a read.
The $0.95c was subject to the $50M back up from parent company being available - however those funds used to appease RBOS.
Also assumed $186K loans to other MFS entities will be repaid . I'd say unlikley to get full value.
Unknown is the value of the Lloyds insurance on Commercial Loans. Perhaps worthless?
LVR was supposed to be around 62%, so, perhaps if they can finish off most projects, it will be ok. I don't know whether their incoming cash from loan repayments can fund unfinished projects though. If not, bad news.
- Forums
- ASX - By Stock
- MFS
- but what about the pif
MFS
mfs limited
but what about the pif, page-9
Featured News
Add MFS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online