Would it be safe to say that the corporate action angle has failed and now they have to try and survive another 6 months or year or whatever to find a buyer who wants this asset?
if the brains trust in these threads say that there is big news or takeover offers coming by year end, why would they be raising more funds now......?
Next raise 10c in 6 months time when they get the next round of cash calls from Santos to pay the bills for the FEED progress? Or to pay off the debt that will be close to due?
It's not looking pretty here.
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Last
15.5¢ |
Change
0.005(3.33%) |
Mkt cap ! $185.4M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 16.5¢ | 14.5¢ | $652.3K | 4.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33333 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 375904 | 2 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| COI (ASX) Chart |