CIY city pacific limited

city pacific next 3 months

  1. 56 Posts.
    according to the webpage : funds from the suspended distributions of
    July and August will be used to cover the 5% accounting provision.

    It also states that the loans due to come in in September and October
    will be used to fully pay off the $120 million outstanding finance
    facility. - I think thats a tough ask as its taken over 6 months to
    pay off the other $120 million.

    That means the loans due in November will cover the 12 cents per share
    interim dividend?

    Thoughts please?

    Source: City Pacific website

 
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