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 accountantbut 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.
AJQ maybe about to realise some supressed value. Out with Conv...
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