"Though Bangkok Bank and MetroCAT seem pretty confident about the company remaining solvent."
Doing machinery and tranches
Metrocat is safe as financing underwritten but no idea of conditions etc
Bangkok Bank won't have done anything without some security IMO or other banking arrangements
Old machinery being replaced may form part of security in deal along with right that any pay upfront tax and they receive rebate to themselves rather than it going back to KCN f that is the way Thai levies , duties, taxes work rather than upfront discount assessment. .
The risk to both partys is that they can't recover machinery if in default as everything is secured and geared on machinery value .
"Though Bangkok Bank and MetroCAT seem pretty confident about...
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Last
$1.33 |
Change
-0.020(1.48%) |
Mkt cap ! $344.0M | |||
| Open | High | Low | Value | Volume |
| $1.34 | $1.35 | $1.32 | $443.8K | 333.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28792 | $1.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.34 | 1914 | 1 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| KCN (ASX) Chart |