I don't find the security requirement a concern. To be honest I don't think a Bank would provide this level of debt without a fixed and floating charge over all assets.
In a realisation position the Bank would get its money first, however the net asset position is reasonable so we would still have a reasonable probability of getting our investment back.
At the end of the day the company is profitable so this is a real worst case scenario anyway.
I don't find the security requirement a concern. To be honest I...
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71.5¢ |
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Mkt cap ! $146.8M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 72.5¢ | 71.5¢ | $131.6K | 182.8K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10479 | 71.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 9609 | 1 |
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