I was also thinking that if the Charge deal fell through then the money from the iron ore due in this week would possibly cover the Hawkswood amount etc & keep the receivers happy for a while longer so rang Maria for a bit more clarification & she said they only expect about $3M in ($AUD?) after shipping costs paid & I said you have about $2M in the bank also but she said they are 2 months behind with YA Global which is US $2M plus interest so the only way to survive is if Charge comes up with the money.
Charge is not trying to get a lower price either but just apparently having trouble sourcing extra money from investor bases in USA & UK.
One thing I suggest is that any big shareholders (who have any money left) who find they could trust who is behind Charge & want to participate could contact the receivers (Sal Algeri of Deloittes) & ask them to ask Charge if they were willing to allow any Australian investors to be part of their company otherwise I suppose we have to hope they buy it tomorrow & if ADY survives then we'll get an offering down the track...?
I'm burnt out now after following ADY for 2 years & need to restore the bank balance which I allowed to deplete itself whilst following the Lithium saga. Need to find a few more playthings without so much drama attached &
maybe write a book all about life on the ASX roundabout.
Good luck to all of us!
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $17.92M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $12.36K | 1.125M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 802145 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 706594 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 802145 | 0.010 |
4 | 1411111 | 0.009 |
4 | 1250953 | 0.008 |
8 | 1090106 | 0.007 |
6 | 1400000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 706594 | 3 |
0.012 | 445041 | 3 |
0.014 | 200000 | 1 |
0.016 | 636341 | 2 |
0.017 | 20031 | 1 |
Last trade - 15.29pm 30/08/2024 (20 minute delay) ? |
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