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I have a question everyone:
AA currently only has 2 planned fundraising exercises:
1. Rights issue of covertible debt notes: around 1b
2. Danajamin guaranteed loan: around 1b also
These 2 fund raising exercises will mostly go to liability and will not shore up equity. After these exercises, AA will still be left with -NTA position.
Does this mean AA will become PN17, after the PN17 moratorium expires?