GXL
Click for more information
0.00% $5.54 greencross limited

Any thoughts out there on why this suspension was necessary? The...

  1. RCee
    282 Posts.
    lightbulb Created with Sketch. 11
    clock Created with Sketch.
    28/06/17
    11:21
    Post #: 25534767
    Any thoughts out there on why this suspension was necessary?

    The company reported in Jan that debt was down to 222.8m and after H1 interest costs of 5m there was an increase in cash of 5m. A 9c dividend would be 10m excl DRP.

    Does this say there may be a loan covenant linked to share price or are we just expecting higher capex for store openings this half?
    GXL Price at posting: $5.82 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 
watchlist Created with Sketch. Add GXL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.