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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