No objection to reducing debt further even though AAC gearing is improving. However the last thing existing shareholders should want is a dilutive capital raising - and the finance head would be busy applying his time to other activities helping the company , not least reducing the interest bill by renegotiating banking facilities as they fall due. Lower costs of funding should be achieved due to lower interest rates , increased asset values and improving risk profile.
Good time for a capital raising, page-4
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Last
$1.36 |
Change
-0.008(0.55%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.38 | $1.36 | $41.46K | 30.36K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 30509 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 8832 | 30 |
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| Last trade - 15.39pm 27/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
