ADY 0.00% 1.2¢ admiralty resources nl.

ya global

  1. 988 Posts.
    I understand paying Hawskwood their cash, but why pay out Ya Global, their $12 million.

    Sure, Ya Global is debt, however in this environment and with difficulty obtaining credit, with a strike conversion at 17.5c, why the rush?

    ADY could sit on the cash, and avoid applying for a further loan of $12m with less desirable terms next year.
 
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