PNA panaust limited
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long term debt, page-2

  1. Segura
    255 Posts.
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    27/05/09
    10:57
    Post #: 5208806
    Deconvic,

    All valid points!

    dilution is from 1.8b shares to 2.9b shares! 50% new shares being issued. Priority is to refi Goldman and even perhaps pay down the equipment finance.

    the extra A$200 mil being raised does clear the balance sheet and set us up for the future but maybe at a HUUUGE cost.

    PNA Price at posting: 37.4¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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