Sorry Big Joe
I didnt read down far enough. Each time I log on and look, the posts are so negative I don't look far. Looks like I found the same article as you.
The debt issue is interesting. Apart from a sell off, equity raising was a logical choice.
-and in times of uncertainty coupled with low spot prices for uranium, it made sense to do a private placement and it costs less to raise the equity this way.
Debt for an asset rich company is more suitable then raising equity but this company has a need to restructure the debt to equity balance. Unfortunately the private placement has taken $300m off the market value.....
Cheers
PDG
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Last
$7.08 |
Change
-1.090(13.3%) |
Mkt cap ! $2.831B | |||
| Open | High | Low | Value | Volume |
| $7.55 | $7.81 | $7.07 | $79.33M | 10.74M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 19 | 26747 | $7.08 |
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| Price($) | Vol. | No. |
|---|---|---|
| $7.09 | 3235 | 18 |
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| Last trade - 15.16pm 23/07/2025 (20 minute delay) ? |
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