The triggering of covenants by what seems like 4 events that were all within the control of management/board is not a good look and it's clear that someone had to go.
The statement is better than I thought it could be - suspension of trading for another month was a bit of a surprise tho. When it comes back online, the lenders will have looked over the business with a fine tooth comb and we'll have a pretty good idea about what they think of it based on how relaxed or onerous the revised covenants, loan limits, etc are.
Therefore, I'll be leaving my decision to buy/hold or sell until then.
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Last
9.9¢ |
Change
0.004(4.21%) |
Mkt cap ! $8.999M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.9¢ | $88 | 893 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 166056 | 8.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.9¢ | 99758 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 166056 | 0.089 |
1 | 5679 | 0.086 |
2 | 107529 | 0.085 |
1 | 120000 | 0.081 |
2 | 106300 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.099 | 99758 | 1 |
0.100 | 81022 | 1 |
0.105 | 119912 | 2 |
0.110 | 50000 | 1 |
0.115 | 240000 | 2 |
Last trade - 09.59am 04/11/2024 (20 minute delay) ? |
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