Mate. How many times dovhitcopper punters come out and say 'but xyz put money into them so the must be right and the bears have no clue'. And over and over these HC punters are proved wrong. I bet the ownership matters team are paid 3x the Citi relationship managers and risk team assessing the $200m debt line. Also, equity vs debt is a different story. What's the security? Terms? Etc. if the loan isn't required for a while then APT will likely pay for the rights to it via a line fee or unutilised loan fee. Still, it's a big loan so if they get it it certainly does suggest good things. I wonder if nab have to sign off on this (likely).
Mate. How many times dovhitcopper punters come out and say 'but...
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