So how did Sonogol end up owing May over $20m???
Alot of this debt has to be heavily overdue payments from A2.
The only reason I can think of is they are trying to pressure May for a better deal (unless Sonogol genuinely don't have the $$).
I hope MAY don't CR, there is already too many shares on issue.
I'll be happy to be wrong but this quarterly is exactly what I was worried about previously.
DYOR.
Ann: Quarterly Activities Summary Period Ended 31 December 2023, page-27
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Last
3.5¢ |
Change
0.002(6.06%) |
Mkt cap ! $117.9M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.6¢ | 3.3¢ | $577.5K | 16.92M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1018559 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1521853 | 6 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAY (ASX) Chart |