I think it was done simply because they are running out of cash and the WES $ may be delayed.
May also miss cost guidance - I dont know - but its def a cash crunch.
Which is a shame given the great work and deal they did to get WES deal.
Also i assume done to keep everything going. An option might have been to stop all expl etc and wait for Riverina $ to start but opted to keep things going.
I think it was done simply because they are running out of cash...
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Last
43.8¢ |
Change
0.008(1.74%) |
Mkt cap ! $799.5M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 43.0¢ | $282.0K | 643.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 82587 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 44600 | 5 |
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| Last trade - 10.36am 29/07/2024 (20 minute delay) ? |
| OBM (ASX) Chart |