Jintao
See below (page 34 of Dec 08 presenentation), for receivers to be appointed a company must be insolvent; unable to pay there debts as and when they fall due.
The refinancing in May 09 worst case is covered by available facilities of $842M and undrawn equity of $1.3B in the trusts.
Can you please tell me from the following how they are insolvent?
dead cat bounce!, page-20
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$36.37 |
Change
1.265(3.60%) |
Mkt cap ! $68.75B | |||
| Open | High | Low | Value | Volume |
| $35.85 | $36.39 | $35.50 | $50.41M | 1.400M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 288 | $36.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.37 | 1000 | 1 |
View Market Depth
| Last trade - 14.22pm 01/08/2024 (20 minute delay) ? |
| GMG (ASX) Chart |