Breakdown of debt / NAV, etcToday 16:22
Hi. Can anyone explain what debt and assets they have?
They have a credit line of 190m but are planning to cancel the Share Premium Account of 757m which allows them to legally distribute the money to shareholders after first paying off debt, so the 190m? But what other debt do they have that needs paying? Gemini says 626m debt but is the 190m included in that. If so. won't the 757m from the share premium account closure pay off all debt, with some leftovers? Then all asset sales will be returned to shareholders over the next few years?