Just to complicate & make matters much worse
http://ir.breitburn.com/releasedetail.cfm?ReleaseID=965077
Share price now down at just $0.45 and can't see it recovering near term on that news
So Antares if they haven't already sold all of those remaining 3M BBEP shares are unlikely get very much for them. So how are they going to fund themselves now for the next 11 months?
As I've highlighted before, why did they not hedge the position as soon as they were free from the 180 day clause? Share price was over $6 last April/May
Its One of the questions Note holders should be asking at the meeting.
LOTM
- Forums
- ASX - By Stock
- AZZ
- Breitburn In Trouble
Breitburn In Trouble
-
-
- There are more pages in this discussion • 8 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 AZZ (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online