GRD 0.00% 54.5¢ grd limited

looks in real trouble

  1. 2ic
    5,929 Posts.
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    Been a while since I sold this and looks in real trouble with no support to let out motivated sellers.

    Has $50 odd million to refinance in a little over 12 months time (thats higher than current market cap). How the hell will they do that, won't be able to raise capital at the share price this looks like heading to thats for sure. Hope they can sell down some assets or negotiate refinance otherwise they're in an ugly place.

    goodluck
 
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Currently unlisted public company.

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