Yes, I agree - financing terms are currently the biggest risk for AJM. Said this multiple times already.
coming out of the trading halt without a plan for the improvement of the financing will not help our cause
High levels of debt in small caps, in capital intensive industries, is not unusual, it does make them risky - its also why the SP is 7 cents. There are lots of options to consider, each with their own set of pros and cons so improving the finance problem is certainly not impossible.
if solved, the value of AJM long term looks more promising.
EDIT: Changed
From: fixing the finance problem is certainly not impossible.
To: improving the finance problem is certainly not impossible.
on the basis that 'fixing is ambiguous and based on perception, improvement is measurable'
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Mkt cap ! $8.123M |
Open | High | Low | Value | Volume |
3.0¢ | 3.0¢ | 3.0¢ | $1.25K | 41.66K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 17474 | 3.0¢ |
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Price($) | Vol. | No. |
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3.2¢ | 18005 | 2 |
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No. | Vol. | Price($) |
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1 | 17474 | 0.030 |
3 | 104517 | 0.029 |
2 | 331428 | 0.028 |
1 | 14214 | 0.027 |
2 | 134223 | 0.026 |
Price($) | Vol. | No. |
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0.032 | 18005 | 2 |
0.033 | 370690 | 1 |
0.034 | 333567 | 5 |
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