Yep. Effectively Marcus is sending a message to SK. 'You've strung this out too long. You need to send a letter with 30 days indicating your desire to proceed + a minimum prepayment commitment' This would act like a deposit on buying a house and would presumably cover the cash burn of AUZ for the next 4 months or so while they finalise everything. If finalisation falls apart AUZ can look elsewhere without being too badly burnt in the process i.e. keep the prepayment. ($2-3 million ?)
SP would fly on this news
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M |
Open | High | Low | Value | Volume |
0.7¢ | 0.8¢ | 0.7¢ | $1.563K | 222.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 9836849 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.8¢ | 2799869 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 9836849 | 0.007 |
26 | 42035112 | 0.006 |
16 | 28977865 | 0.005 |
9 | 5754750 | 0.004 |
5 | 3260000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 2749869 | 19 |
0.009 | 4508568 | 14 |
0.010 | 3415582 | 21 |
0.011 | 1631002 | 9 |
0.012 | 3343622 | 5 |
Last trade - 15.57pm 12/09/2024 (20 minute delay) ? |
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AUZ (ASX) Chart |