sharetrader
  1. #15191
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,088

    Default

    here's a picture for the cap raising prospectus


    ScreenHunter_826 Apr. 14 13.23.jpg
    one step ahead of the herd

  2. #15192
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,978

    Default

    "……………………….
    Last edited by winner69; 14-04-2023 at 02:52 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #15193
    Senior Member
    Join Date
    Oct 2016
    Posts
    1,078

    Default

    Rather than a rights CR, which will bring the SP down. ( No way they would do it at 40 to 50 cents, as the above scaremongers will want you to believe.) Bringing the SP down would still stuff up their debt to market cap percentage. I think they will issue shares of $50 mill to several of the largest shareholders at 65cents. Just enough to help the cashflow, but not enough to upset the SP too much. Combined with deferring the dividend and selling some surplus property, will put them up where they belong (in 12 months time)
    Last edited by bottomfeeder; 14-04-2023 at 09:13 PM.

  4. #15194
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,088

    Default

    Quote Originally Posted by bottomfeeder View Post
    Rather than a rights CR, which will bring the SP down. ( No way they would do it at 40 to 50 cents, as the above scaremongers will want you to believe.) Bringing the SP down would still stuff up their debt to equity percentage. I think they will issue shares of $50 mill to several of the largest shareholders at 65cents. Just enough to help the cashflow, but not enough to upset the SP too much. Combined with deferring the dividend and selling some surplus property, will put them up where they belong (in 12 months time)

    there debt to underlying ebitda is high ... really reliant on those sales to generate cashflow to service the debt load is how i see it and like i said yesterday to which balance said garbage only 10 m in the bank
    one step ahead of the herd

  5. #15195
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,688

    Default

    Quote Originally Posted by bull.... View Post
    there debt to underlying ebitda is high ... really reliant on those sales to generate cashflow to service the debt load is how i see it and like i said yesterday to which balance said garbage only 10 m in the bank
    Quote Originally Posted by bull.... View Post
    2022 annual report says 10 mil cash to service 400 mil debt

    if they6 do a 400 mil cap raise take the shares outstanding over 1 billion

    would that mean a div going forward of .00006c per share ?
    Garbage and BS from Bull ....

  6. #15196
    Senior Member
    Join Date
    Jul 2020
    Location
    Chrsitchurch
    Posts
    896

    Default

    Quote Originally Posted by Balance View Post
    Garbage and BS from Bull ....
    I agree with you Balance, shock horror.

    Hey Bull I have told you before go use your 12 screens and do some real study on the OCA business. You will learn something about the business instead of spouting Bull ****e..

  7. #15197
    Guru
    Join Date
    Nov 2018
    Posts
    3,172

    Default

    He come on guys, give the Bull a break.

    Someone who can make money off any chart any time anywhere, while reinventing the English language at the same time is to be revered, not insulted.

  8. #15198
    Membaa
    Join Date
    Nov 2004
    Location
    Paradise
    Posts
    5,376

    Default

    Quote Originally Posted by SailorRob View Post
    Agreed on the emoticons, however to me they seem to present as gormless.
    Ha ha, "gormless", is such an expressive insightful term. Thanks SR and JAK, I'm just sick and tired of the irritating trolls who add nothing meaningful or useful to the discussion and degrade the value of Sharetrader as a discussion group. They have no idea about the rich history of Sharetrader, or the subject matter which is most irritating, that has hosted brilliant minds over many years, with exceptionally insightful and informed contributions but they sully it with utter rubbish in the name of satire and innuendo, which adds no value to anyone. If I was a Mod, well, lucky for them I'm not.

  9. #15199
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,088

    Default

    Quote Originally Posted by bull.... View Post
    there debt to underlying ebitda is high ... really reliant on those sales to generate cashflow to service the debt load is how i see it and like i said yesterday to which balance said garbage only 10 m in the bank
    obviously balance and company think my statement is garbage but cannot provide any reasoned argument why it is
    one step ahead of the herd

  10. #15200
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,688

    Default

    Quote Originally Posted by bull.... View Post
    obviously balance and company think my statement is garbage but cannot provide any reasoned argument why it is
    Which letter of the word GARBAGE do you not get?

    Quote Originally Posted by bull.... View Post
    2022 annual report says 10 mil cash to service 400 mil debt

    if they6 do a 400 mil cap raise take the shares outstanding over 1 billion

    would that mean a div going forward of .00006c per share ?

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •