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IPO - Openpay Group Ltd, page-324

  1. Dutchie9191
    175 Posts.
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    19/12/19
    19:17
    Post #: 42057757
    Just had another look. Are you referring to the big pay down in the borowings?

    Going from debt of (35m + 27m), down to 19m? My understanding this has been done via the convertible notes, basically printing more shares (out of thin air mind you). But to my knowkedge, the $50m is not going towards those debtors. Happy to be corrected, maybe that's why I got this wrong at ipo.
    OPY Price at posting: $1.25 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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