looks like no need rights issue. bought aussie company on loan facilities. that is a surprise. but I'm sure gearing is now even higher. don't know which is the good news

104255742 : Think is only a temp loan facilities.

Captain Woon : Is that a temp loan? I thought its done deal but surprisingly no impact to share price at all....something not right.

s2nw2g : Look like term loan.
"The company funded the acquisition through a term loan facility"

gentle Iguana_2693 s2nw2g : that does not mean there is no fund raising next.  temp loan is not cheap.  they were already preparing for the rights issue.  market has been kept waiting for the issuing of the rights.

s2nw2g gentle Iguana_2693 : Term loan is no temp loan.

gentle Iguana_2693 s2nw2g : silent term loan is usually short term loan which is temp loan, I maybe wrong if it is a long term loan, but I doubt.

DividendKopi : Am confused. So right now we are waiting if there will be rights issue or not ?

gentle Iguana_2693 DividendKopi : sure coming, just when only.  check company official past announcement, is inside.  get ready your money.