Assuming my maths and assumptions are correct, and the numbers don't change. . .
They will be in default in Feb next year unless they do something. 2.5 x 19.3 = 48.3 -which is the max net debt, and is less than $51m. But I suspect the covenant will be based on the retained businesses which is guided to be about $12m, so in that case they will have a limit of $30m, and need to find $21m.
Debt covernant disclosure, page-5
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 5GN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $45.32M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $58.37K | 389.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17860 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 363928 | 3 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| 5GN (ASX) Chart |