I don't find the security requirement a concern. To be honest I don't think a Bank would provide this level of debt without a fixed and floating charge over all assets.
In a realisation position the Bank would get its money first, however the net asset position is reasonable so we would still have a reasonable probability of getting our investment back.
At the end of the day the company is profitable so this is a real worst case scenario anyway.
- Forums
- ASX - By Stock
- NAM
- firsthalf net profit up 44pc to 18.6m
firsthalf net profit up 44pc to 18.6m, page-12
-
- There are more pages in this discussion • 6 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 NAM (ASX) to my watchlist
|
|||||
Last
72.0¢ |
Change
0.010(1.41%) |
Mkt cap ! $145.7M |
Open | High | Low | Value | Volume |
71.8¢ | 72.0¢ | 71.8¢ | $14.4K | 20.03K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15000 | 71.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
72.0¢ | 11007 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15035 | 0.715 |
1 | 87658 | 0.710 |
3 | 50118 | 0.705 |
2 | 114287 | 0.700 |
1 | 10000 | 0.690 |
Price($) | Vol. | No. |
---|---|---|
0.720 | 11042 | 1 |
0.725 | 120118 | 2 |
0.730 | 252856 | 5 |
0.735 | 40000 | 1 |
0.740 | 262376 | 3 |
Last trade - 11.31am 16/08/2024 (20 minute delay) ? |
Featured News
NAM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online