I did not say they went bankrupt. They went broke is what I said. They ran out of money because they never had any income. Just before they breached their lenders' conditions they obtained emergency funding from 2 shareholders of $10 mil with the condition that if the company was taken over they would get a vast number of shares. And the company was taken over with in only a couple of days by Motive Partners on the condition that they would get an even larger amount of shares. That's broke IMO but have it your way.
There is no such provision at law in Australia for a company to be bankrupted, so it is a term I would never use.
- Forums
- ASX - By Stock
- ZIP
- #BnplGoingToZero
#BnplGoingToZero, page-920
-
- There are more pages in this discussion • 4 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 ZIP (ASX) to my watchlist
(20min delay)
|
|||||
Last
$2.87 |
Change
0.010(0.35%) |
Mkt cap ! $3.747B |
Open | High | Low | Value | Volume |
$2.93 | $2.93 | $2.83 | $24.04M | 8.366M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 42094 | $2.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.88 | 5115 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 42094 | 2.860 |
6 | 189424 | 2.850 |
13 | 156227 | 2.840 |
14 | 173152 | 2.830 |
41 | 294594 | 2.820 |
Price($) | Vol. | No. |
---|---|---|
2.880 | 5115 | 2 |
2.890 | 150272 | 14 |
2.900 | 655199 | 14 |
2.910 | 182230 | 8 |
2.920 | 262279 | 18 |
Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
Featured News
ZIP (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online