Just about the finance, I do not believe the language used by the mininster is the right characterisation of this information. The word used is "investment" and that is misleading imo. I do not believe it is an investment, as in equity. It is simply that the government instrumentalitites are contributing to the overall loan funds being provided by a syndicate. So it is loan funding! The one thing that is possibly significant is that it reduces or eliminates the involvement of what were possibly the more conservative banks and reduces risk for the remaining syndicate members. So possibly less hurdles to jump for LTR.
I will not be completely satisfied that all requisite finance is totally locked in until there is a clear announcement to that effect. But I am confident it will happen!
regards
DF
Just about the finance, I do not believe the language used by...
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Last
81.0¢ |
Change
-0.035(4.14%) |
Mkt cap ! $1.965B | |||
| Open | High | Low | Value | Volume |
| 85.5¢ | 85.5¢ | 81.0¢ | $9.418M | 11.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 320584 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 33321 | 6 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| LTR (ASX) Chart |