Comments made earlier on other threads, by madamswer among others, are particularly instructive.
MNK is between a rock and a hard place. Apparently they cannot increase debt because and meet their undertakings to their lenders. Selling assets reduces the interest payable but also the income available to serve the remaining debt.
If MNK raises money by selling assets, the lenders would require that money applied to debt reduction instead of given to MSB for MNK making a deal.
MSB on the other hand is not holding a strong negotiating hand. Large expenses and an empty purse, having to tap the market every 2 quarters, just to stay afloat.
MNK and MSB doing a deal which can please its shareholders would be a miracle.
MNK negotiations...., page-35
-
- There are more pages in this discussion • 101 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MSB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.52 |
Change
0.030(2.01%) |
Mkt cap ! $1.741B | |||
| Open | High | Low | Value | Volume |
| $1.57 | $1.58 | $1.41 | $15.34M | 10.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 35231 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 29593 | 12 |
View Market Depth
| Last trade - 14.42pm 07/10/2024 (20 minute delay) ? |
| MSB (ASX) Chart |