Hi All,
I am very happy with 70/30 outcome for debt/ equity. I think it is much better than a lot of analyst has predicted. From memory some of the broker reports indicated 50 - 70% equity component in coming up with SDL valuation.
However what surprises me is that SDL chooses to increase CAPEX by 20% to further developed its new high grade haemetite resources at the expense of a possible further dilution in its share price. Unless it has reasonable believe that it will not adversely affect the dilution of its shareholders. The only explanation for this is that SDL has included payment of the $1B capital injection by a combination of shares and future delivery of high grade hematite which are very attractive to steel mill around the world.
- Forums
- ASX - By Stock
- SDL
- only 30% equity. that's good
only 30% equity. that's good, page-52
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries