really a story akin to watching the keystone cops.
The whole buy back thing at 14cps ish whilst sitting on a court loss of $80m they can not afford.
So they convert shares at 2.2cps when they did not have to and the SP was 17 cps.
They then do a buy back of shares at 14 cps.
Now if they survive they will do a capital raise at.........4-5 cps at this rate.
The whole things laughable and a lot of the decision making appears to be looking after large insto SHers......one of which took the buy back opportunity to sell out......what a surprise.
I wonder what investorjackson thinks........be interesting if he can find some positive spin on the situation.
I wonder if he still thinks the markets are stupid given even BRL management are indicating there is a chance they are kaput
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- Ann: Audited financial statements 30 June 2020
Ann: Audited financial statements 30 June 2020, page-7
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Last
80.5¢ |
Change
-0.005(0.62%) |
Mkt cap ! $154.0M |
Open | High | Low | Value | Volume |
81.0¢ | 81.0¢ | 80.5¢ | $2.842K | 3.52K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 18639 | 80.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 52683 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 18639 | 0.805 |
4 | 36375 | 0.800 |
1 | 11478 | 0.795 |
1 | 10000 | 0.780 |
1 | 5000 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 52683 | 3 |
0.815 | 553 | 1 |
0.820 | 29555 | 2 |
0.835 | 4860 | 1 |
0.845 | 6600 | 1 |
Last trade - 13.20pm 08/07/2024 (20 minute delay) ? |
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BRL (ASX) Chart |