99% of administrations end in liquidation/receivership/winding down, and shareholders at the end of the line usually come up with nothing. Most companies that come out from administration do so after huge dilutionary capital raises or DOCAs, which essentially does the same thing in destroying shareholder value. At this point just hope for the best but prepare for the worst (shares become worthless), as there is nothing any shareholder can do now.
- Forums
- ASX - By Stock
- ARI
- Arrium in Administration according to AFR street talk
Arrium in Administration according to AFR street talk, page-37
-
- There are more pages in this discussion • 26 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 ARI (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $21.65M |
Open | High | Low | Value | Volume |
3.5¢ | 3.9¢ | 3.3¢ | $138.8K | 3.876M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 232705 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 463504 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 232705 | 0.035 |
2 | 600000 | 0.033 |
1 | 500000 | 0.032 |
1 | 250000 | 0.031 |
3 | 469378 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 83504 | 1 |
0.039 | 1188837 | 8 |
0.040 | 1698478 | 5 |
0.041 | 322598 | 2 |
0.043 | 198255 | 2 |
Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
Featured News
ARI (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online