I feel it's better to renegotiate loan terms now to take advantage of credit rating and ease pressure should IO price tank further and remain low for several years as being tipped by commentators
With the dividend with a large holding via a margin loan I would benefit greatly in the short term, I prefertje SP to increase to above $3.00 plus rather than a dividend which deletes their cash position
They can play catch up with dividends following debt renegotian, debt repayment and hopefully increasing or stabilising of IO price
My view only
I feel it's better to renegotiate loan terms now to take...
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$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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