I will give a contrarian view. The new management team arrived into a completely messed up situation. Convertible loan note which completely hamstrung the management.a contractor who messed up the SSBF, Anthony Hall completely disappeared, EPA approval outstanding for the SSBF, The Nasdaq shorters having a field day. All in all a complete Cluster ***k. So Susan and Paul has to stabilize the ship bring in additional finance and soften the draconian terms associated with the Loan note. Today we, subject to shareholder approval, may have a runway to agree future financing and bring the SSBF into production. So I think she and the team did an ok job
Ann: 5EA to Hold Shareholder Call, page-3
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $63.04M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.0¢ | $89.27K | 470.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 220839 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 1229 | 1 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| 5EA (ASX) Chart |