It means, ASN are burning through $9m per quarter, in a dead lithium market and in a project that is under an environmental halt , with no guarantee it will be lifted.
ASN decided to continue, even though they know the halt is in place, so the responsibility is theirs. In a years time ASN will most likely have no cash and a fully drawn down $30m loan according to last week's quarterly report.
We can all speculate what the above means, let's hope the environmental halt is lilfted.
I would have thought extremely coherent, but you know that don't you
- Forums
- ASX - By Stock
- ASN
- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-111
-
-
- There are more pages in this discussion • 117 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASN (ASX) to my watchlist
|
|||||
Last
9.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $125.3M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.6¢ | $50.61K | 516.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 266301 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.8¢ | 32259 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 266301 | 0.097 |
8 | 488064 | 0.096 |
15 | 732928 | 0.095 |
4 | 206760 | 0.094 |
4 | 129454 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.098 | 32259 | 4 |
0.099 | 59838 | 4 |
0.100 | 226011 | 5 |
0.105 | 554549 | 5 |
0.110 | 240182 | 6 |
Last trade - 10.41am 02/09/2024 (20 minute delay) ? |
Featured News
ASN (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online