XAO 0.33% 8,661.2 all ordinaries

Short Term Trading Week Starting: 18 Mar, page-74

  1. 816 Posts.
    lightbulb Created with Sketch. 67
    AJQ maybe about to realise some supressed value.

    Out with Conv notes in with some company amortisation debt structure @ 8.75%

    These guys are O & G play with good assets (very good)

    They are a producer but have been held back by company structure that is not shareholder friendly.

    Debt facility anns here, don't pretend to understand fully and I'm a accountant but seems to read ok if you don't concentrate on the details

    https://www.asx.com.au/asxpdf/20190320/pdf/443n44r0y9fm16.pdf

    One for WL,

    Disc: Trading hound has had a pawful of these for a while and refuses to give them up.
 
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