Great to have the ability for long term debt funding from the NT Government.
Given the tax revenue they will generate and the other benefits for the NT, you would have thought this is a fairly straight forward decision for them once all the boxes are checked off.
Having some Government support not only limits dilution by securing the debt funding, but it also gives confidence to others, so we might get better rates for other debt, or raise equity at higher prices.
2019 is going to be a big year for ARU!!
Ann: Progressing discussions for Financial Support from NAIF, page-2
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12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $381.9M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.5¢ | $364.4K | 2.865M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 92 | 3938185 | 12.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 951283 | 16 |
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