My view above is a nice one. Here is a not so nice one. I listened to the webcast today. It was only an audio. I disconnected after the company speeches.
If I was a Board of POS (and I am not) I would be inviting takeover immediately.
Board has rejected FID as planned. Management has no confidence of Board - FID has been deferred indefinitely.
The going concern status is seriously compromised. Hence only CR, and no takeoff partner would water your fields, (because of lack of BS definition and lack of capacity)
I fear we may see an immediate suspension of trading and immediate asset sales (eg LJ).
Thank you POS for not taking on debt. Else on liquidation we might see nothing.
Ann: Black Swan Restart & Company Update, page-243
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.63M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $3.965K | 1.097M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 112 | 89485988 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 50680652 | 42 |
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| Last trade - 13.05pm 18/09/2024 (20 minute delay) ? |
| POS (ASX) Chart |