Anaconda have to make this payment to QUE. It really means this payment plus what they have in other cash etc, would give them a cash backing of around 43c. Not bad when you consider they are trading at 25c. I also would imagine that this will get some press tomorrow. lets see what happens.
Details:
> * Queste Communications (QUE) announced today that the agreement
> between their 48% owned subsidiary Central Exchange and the Murrin Murrin
> joint-venture has been triggered.
> * The trigger, a combination of the 12 month average LME nickel price
> and the US CPI will result in the Murrin Murrin JV paying Central Exchange
> $19.05m.
> * ANL's share of the payment is $11.43m.
>
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43c cash backing-trading at 25.5c
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Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $1.326M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $507 | 10.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40039 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 2411 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40039 | 0.024 |
1 | 200000 | 0.023 |
1 | 22730 | 0.022 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 2411 | 1 |
0.055 | 49088 | 2 |
0.060 | 20000 | 1 |
0.070 | 47000 | 1 |
0.000 | 0 | 0 |
Last trade - 11.48am 27/09/2024 (20 minute delay) ? |
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