Look at the financials as at 30/06/2019 - they had cash and receivables and a large payable and a loan, they pretty much had no net money and debt of $150 million, add in prob lost out on the receivables/payables due to defaults, they are right royally fuked here sorry.
Prob breached loan covenants also. This may never list/trade again if things don't go well, I cant see who would invest in to this business knowing there is a 12 month minimum period of no revenue coming up..
Ann: Trading Halt, page-31
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Last
$8.97 |
Change
-0.040(0.44%) |
Mkt cap ! $3.508B | |||
| Open | High | Low | Value | Volume |
| $8.91 | $9.01 | $8.90 | $7.579M | 846.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 24368 | $8.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.98 | 2310 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| WEB (ASX) Chart |