Agree with you xman - this is a slap in the face to holders. I can't believe it looking back at the communication from BRL.
Is anyone taking legal action against the directors for negligence on this? Seriously, if I was a shareholder, I'd be looking to do that. I haven't looked into it deeply, but if the directors benefited from this, it would not bode well for them given their primary reason is to govern the company for and behalf of the shareholders.
Sure, there may still be value in at with the current capital structure, but there should be a lot more.
Disc. Held for a couple a couple of years at average of 3 cents but sold too early - did invest in BUL / HZN though :]
Ann: Term Loan Repaid, page-23
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Last
80.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $154.0M | |||
| Open | High | Low | Value | Volume |
| 80.5¢ | 82.0¢ | 80.5¢ | $17.57K | 21.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61 | 81.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.0¢ | 11267 | 3 |
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| Last trade - 11.58am 10/07/2024 (20 minute delay) ? |
| BRL (ASX) Chart |