I think they issued $50m (completed in March possibly at 6.75%) through FIIG, and another $70m in Aug 2013 at 7.65%. So the use of the Singapore connection is allowing lower cost debt funding. Providing they keep the funding a mix of debt and equity, and both cash flow and profits rise pari passu... then the growth is likely to continue in a sustainable fashion. This is a good indicator that low cost funding is available.
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$1.17 |
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Mkt cap ! $895.0M | |||
| Open | High | Low | Value | Volume |
| $1.17 | $1.17 | $1.16 | $99.65K | 85.69K |
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| No. | Vol. | Price($) |
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| 32 | 36105 | $1.16 |
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| Price($) | Vol. | No. |
|---|---|---|
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| GEM (ASX) Chart |