SIV 6.25% 15.0¢ siv capital limited

CaptainBarnacles I can't really make an informed opinion on your...

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  1. 52 Posts.
    CaptainBarnacles I can't really make an informed opinion on your comments. They all seem appropriate and align with shareholder mistrust arising from next-to recent history. From my perspective if management have until 31 March to get finance together they should not rush it. I would like to think they are well on their way which would mean they have identified the appropriate structure, agreed with bankers, identified relevant providers of finance - be it mezz debt or equity (my pref is mezz debt as its cheaper in the long run but more risky...the normal trade off) and appointed legal counsel / advisors. Terms sheets would likely be circulating at this stage both within the banking group and counterparties. If they haven't made it this far then I would be concerned for a 31 March deadline. I'm not expecting a step-by-step download from mgmt at this stage but would like to know general status by the new year. IMHO.
 
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Last
15.0¢
Change
-0.010(6.25%)
Mkt cap ! $7.576M
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16.0¢ 16.0¢ 15.0¢ $1.463K 9.632K

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1 29637 15.0¢
 

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16.0¢ 3118 2
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Last trade - 15.58pm 03/12/2024 (20 minute delay) ?
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