IMO, it’s misconceived to conclude significant debt automatically means it will be a significant challenge to account for it. They’re not one and the same.
And I highly doubt they would be able to get anyone to participate in another raise if it were needed because they simply weren’t generating enough revenue to say solvent.
News: BCB Bowen Coking Coal Says Company Strategic Review And Update, page-23
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Last
6.0¢ |
Change
0.002(3.45%) |
Mkt cap ! $170.8M | |||
| Open | High | Low | Value | Volume |
| 5.9¢ | 6.0¢ | 5.9¢ | $43.60K | 730.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 675849 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 175000 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.002 ( 1.72 %) |
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| Open | High | Low | Volume | ||
| 6.0¢ | 6.0¢ | 5.9¢ | 329644 | ||
| Last updated 15.09pm 14/06/2024 ? | |||||
| BCB (ASX) Chart |