Dudes, stop talking about a raise. It will not happen. 8c, do u realise our mkt cap....1:1 at 20c would barely get the aud $300m after costs (not even us $200m). Stop confusing usd loans with an aud sp.
our mkt cap at aud 11c is $115m usd, assumes no discount and its all underwritten so 100% participation which ends in 3.3bn soi and barely budge the debt dial....aint happening folks! Cr is a no go.
$4m+ a year ceo should've pulled that ace back at over the $1 mark when the price of coke was starting to fall. F-k me, they should've hedged to avoid negative cashflow.....finance for dummies 101
CRN Price at posting:
11.0¢ Sentiment: None Disclosure: Held
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