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16.5¢ sundance energy australia limited

Below is response from Eric- i floated the idea of acquiring...

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tt2000

4,684 Posts.

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22/05/20

09:34

Post #: 44767498
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Originally posted by tt2000 ↑

Hi @Mirabiledictu1

I can't tell you what to do, but I'll tell you what I'm doing - holding.

I think the banks will:

Agree to the amended terms in the next few days, this will be an increased covenant (therefore requirement for us to pay down debt)

Provide us with relief / or a waiver to the amended covenant over a to be defined period (e.g. maybe until 2019 end), or perhaps the convenant is implemented via a staged phase in

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Below is response from Eric- i floated the idea of acquiring some additional PV9 assets to assist our covenant

His response below
SEA Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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