You make a good point Porthos, l hope they have some serious backers who will take up any shortfall otherwise it would be a total disaster. Interested to know the debt/equity ratio, even though the thought of current mgmt handling debt makes me shiver.
The qrtly mentions all feedstock and first fill required to commence production. and thats just materials. 20% discount, 6.8c, 100M shares + 2-3M debt? Just a ballpark estimate by me, seems high but at the same time seems low. I would think the reported first fills would be 6M+ alone. Would want to be decent considering the amount of time it's taken.
The JV partner pulled the long straw on this one.
- Forums
- ASX - By Stock
- HAZ
- Ann: Suspension from Official Quotation
Ann: Suspension from Official Quotation , page-7
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HAZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, MD & CEO
James Graham
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online