SEA 0.00% 16.5¢ sundance energy australia limited

Debt redetermination will occur this week (of it hasn't...

  1. 4,684 Posts.
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    Debt redetermination will occur this week (of it hasn't already). No news is good news as if we were on breach i'd imagine it would need to be disclosed...(in the same manner that the increase in facility was last year).

    I also struggle to understand what the possible reason to delay reporting is.
    We have hedges, ample liquidity, should have had a bumper Q4 by way of cash flow, receipt of cash from Dimmit....

    Why is this not being disclosed / reported. These are events that occurred at least 120 days ago (1/3 of a year).

    We should be seeing Q1 2020, meantime we still haven't seen Q4 2019

    Bizarre behavior. And I'm pretty certain the ASX would have had it in suspension if it tried this here.

    I'm out of ideas, as it seems logical to report good news (Q4 results).

    Last time I emailed, asked about when we could expect results, and was provided no response...

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    Last edited by tt2000: 09/05/20
 
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