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29/05/12
18:01
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It isn't very clear to me and this is why I am asking you guys since you follow the company a lot more than me.
31 Dec 2011 (according to half year results) the balance sheet showed total borrowings at $95 million.
Now if I look at the March App 5B they borrowed another $73.5m but paid back $78m in that quarter.
So as at 31 March the loan must be around $90 million?
But if you look at the used and unused facilities on the 5B it shows used $70m plus used $55m. This equates to $125m doesn't it?
Doesn't make sense to me. Someone please explain if you can.
Thanks
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