CDU cudeco limited
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Loan Payments

  1. Whalewatcher
    4,335 Posts.
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    18/08/17
    14:07
    Post #: 26592318
    Come Monday it'll be alright, (maybe)

    The Company was granted an extension to its short term facility (Loan No.1) of HKD80m (approx. US$10m) to 21 August 2017 from the initial repayment date of 21 July 2017. The Company is currently negotiating with various parties, including a major Australian Bank, to secure a long term restructured finance facility.

    No news is good news as they say. With the share price rising does that mean Dividend payments are close?



    .
    CDU Price at posting: 38.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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