Divindeds? From AJM? What did I miss here? The company have to raise fresh equity every time they need to make an interest payment..... they can barely cover operating costs, if at all as some suggest....
they have to pay back $192 million dollars in debt before even thinking about paying a dividend as per the terms of the debt facility....
Given where the commodity price is, the state of the company's balance sheet and the scorching effect operations appear to have on cashflow, I do believe that dividends from AJM will be about as plentiful as unicorn poop....
GLTA
Divindeds? From AJM? What did I miss here? The company have to...
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Last
0.3¢ |
Change
0.001(20.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.621K | 1.257M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 121 | 181496973 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 20055545 | 43 |
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| Last trade - 15.53pm 04/07/2024 (20 minute delay) ? |
| 1MC (ASX) Chart |