IRD 3.33% 6.2¢ iron road limited

Ann: Debt Financing Expressions of Interest Received for CEIP, page-6

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  1. 1,485 Posts.
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    I like the fact they are looking at debt finance not equity. Equity financing would have been a very large dilution. I thought the shares were very good value even allowing for a lot of dilution, so although this news does imply extra leverage hence risk, IMHO the upside potential has just taken a massive jump upwards. Still some hurdles to jump, but IRD is looking @#$%^&* good!!
 
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Last
6.2¢
Change
0.002(3.33%)
Mkt cap ! $54.92M
Open High Low Value Volume
6.2¢ 6.2¢ 6.2¢ $1.24K 20K

Buyers (Bids)

No. Vol. Price($)
2 29750 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.2¢ 23330 2
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