Screwed due to the balance sheet ...
Loan facilities:
Investec Bank PLC:
- US$7.5 million overdraft facility (3.5% p.a. + LIBOR);
- US$7.5 million inventory finance facility (2.5% p.a. + LIBOR); and
- Secured.
Resource Capital Fund VI L.P and Pala Investments Ltd:
- US$20 million convertible loan facility (8% p.a.); and secured.
Loan facilities exclude miscellaneous hire purchase agreements and mortgages ...
End of June:
Total estimated cash outflows $6,150m.
Big debt ...
This is why PEN is at 30c and may have nowhere to go apart from the teens after potential NY debt negotiation and/or consideration of future debt.
I'm shocked how a few of you have put up with it all.
Screwed due to the balance sheet ... Loan facilities: Investec...
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $350.5M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $1.538M | 14.43M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 268799 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 5585591 | 46 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| PEN (ASX) Chart |