HT
SBM has two loans - the USD250m loan due in April 2018 (which has been partly repaid by buying up the notes at a discount) and a $USD75m Red Kite loan which is to be repaid on a quarterly basis starting September 2015 (repayments have started so the next payment is due this month - they can repay the loan in advance at the rate they want).
I think that at the end of 2015 net debt will be down to AUD200m, which I expect to be cleared in 2017, probably by June or September 2017.
A share price of $3 by end 2017 looks like a strong possibility to me at POG AUD1500. If we get AUD2000 then it could be around $5-6.
loki
HT SBM has two loans - the USD250m loan due in April 2018 (which...
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Last
32.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $233.2M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.3¢ | $261.8K | 803.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 111335 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 399568 | 23 |
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| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| SBM (ASX) Chart |
