Expect reduced production, commissioning issues, and a real cash squeeze. Reckon that has to be the reason for the MC option conversion.
God forbid there needs to be a capital raising, which if the case would be interested to see at what price that comes in at. Perhaps a capital rasing would allow closure of the hedge book too.
Guess we can wait and see.
a flicker of hope, page-24
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Last
$32.34 |
Change
-0.600(1.82%) |
Mkt cap ! $7.706B | |||
| Open | High | Low | Value | Volume |
| $33.09 | $33.09 | $32.34 | $36.72M | 1.129M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2289 | $32.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.36 | 13905 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ALD (ASX) Chart |