As a relatively new follower of EVN, I'm particularly interested in the post Red Lake acquisition financials. On paper, I like that the company financed the acquisition via debt (vice dilution). It looks like a long road ahead but I like the high grades. I understand the company was, pre Red Lake, in a net cash position. Can anyone offer some clarity on whether the company will pay-out its former loans? Either way, I'm not concerned as gearing is very manageable (13%).
Baron
What have we bought?, page-12
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Last
$4.00 |
Change
-0.025(0.62%) |
Mkt cap ! $7.913B | |||
| Open | High | Low | Value | Volume |
| $3.99 | $4.02 | $3.96 | $7.859M | 1.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 83330 | $3.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.00 | 44395 | 31 |
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| Last trade - 12.06pm 23/07/2024 (20 minute delay) ? |
| EVN (ASX) Chart |