The level of debt is unsustainable, particularly in the current pricing environment and they know this. I’d be very surprised if it is a debt for debt refinancing, I’d expect a large portion of the debt be replaced by equity (either through selling down a part of the project or issuing more stock).
Ann: Trading Halt, page-70
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Last
0.3¢ |
Change
-0.001(16.7%) |
Mkt cap ! $15.44M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $12.89K | 4.596M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 145 | 197920249 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 44471257 | 94 |
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| Last trade - 15.10pm 21/06/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |