NTA $0.20 per share = $600 million approx, the $300 million cash on hand is included. You mean the Administration process usually destroys $600 million ? or maybe you mean the NTA was overvalued ? Maybe Moly Cop was valued at $3 billion in the books (unlikely) ?
Arrium in Administration according to AFR street talk, page-20
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Last
2.4¢ |
Change
-0.003(11.1%) |
Mkt cap ! $14.84M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.3¢ | 2.4¢ | $679.3K | 24.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 758622 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.5¢ | 620680 | 3 |
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| Last trade - 16.10pm 06/11/2024 (20 minute delay) ? |
| ARI (ASX) Chart |