-
Share
1,611 Posts.
1
11/06/10
14:04
Share
I did some quick calcs with inputs from Spark Investor relations info...
Principal remaining on loan notes: 115.64c
interest rate on loan notes: 10.8%
Interest: 12.489cps
This is the base case for SKI divs IMO
I stand to be corrected.
I reinterate that SKI is on track to refi holding company level debt by end of the month - this should be the catalyst to move above 1.20
From here.. i expect it to be range bound 1.20-1.30 until corporate review is finalised in Aug.
-