SEA 0.00% 16.5¢ sundance energy australia limited

That's what I thought initially.... But it's still a $2.2M loan....

  1. 4,677 Posts.
    lightbulb Created with Sketch. 1231
    That's what I thought initially....

    But it's still a $2.2M loan. It's only free money if the company goes bust and the Fed takes the hit

    If company remains, it's actually only the benefit of the interest free component ~ up to 220k. So only 60bopd...

    But I guess it helps the cash flow and as you say every little bit counts now.

    They should also reap rewards of no payroll tax ~ that's another 2-5M from memory

    EIA revised down their short term outlook.

    It's getting to the point where are only cure for is is a vaccine for Covid...
 
watchlist Created with Sketch. Add SEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.