For those who sold at 0.70, if they buy back the stock at today's closing price, they're only paying $4.23.
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This is becoming quite nasty...obviously.
Like how many participants are just trading ....with an investment horizon of a gnat....
52 Week high of $10-50, now $4-90, and thats after the Capital raise. No further Cash Flow problems for a while now. I say onward and upward SP. Good value at the moment.
It wasn't that long ago that RYM was one of the top companies in NZ, a market darling. So what happened ?
Isnt this early repayment cost simply repaying the debt in USD at a weaker spot rate. Looking at reports it was initially swapped to NZD at like 0.72 and they're repaying at like 0.61, this kinda works out as the difference stated as early repayment costs. I dont think its a "fee"
Does anyone have any reliable data on their development pipelines and the cash cost required to achieve those?