A 2.5% concession is hardly 'life support'. It'll save GBG about $30m pretax on an annualised basis. Also its a 'once off', won't happen in year 2.
Just helps.
2.57 billion project with 1.78 billion in debt = 790m equity. Each own 50% = 395m equity each.
However note that debt includes the working cap. So book value is a lot higher.
- Forums
- ASX - By Stock
- GBG
- wa premier colin speaking at karara.
wa premier colin speaking at karara., page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)