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1.1¢ triton minerals ltd

Ann: Administrators' Update-TON.AX, page-59

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optionsjnr

918 Posts.

01/07/16

12:06

Post #: 18169867
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Originally posted by Rat1973 ↑

Looks to me pretty simple - the VA was a process to clean-up shop, turf the dead wood, clean-up the balance sheet from Boyle days, and get an experienced Competent Person in to better define the resource.

The proposed Return to Creditors schedule (page 56) clearly shows how little the debt is. Is IMO a little disappointing that the Administrator has taken a VERY conservative path and taken worst case screnario wrt potential debts, particularly non-priority employee entitlements.

I guess if shareholders want to get TON back on the road, we all have the opportunity to participate at 6c. A pretty sensible outcome IMO.

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I agree, very sensible outcome. Fantastic news personally.
We finally have some leadership, FH, Somers, Higgo imo.
The excision of the festering

TON Price at posting: 6.1¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $17.25M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$505	45.90K

Buyers (Bids)

No.	Vol.	Price($)
6	815937	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	983	1

View Market Depth

No.	Vol.	Price($)
6	815937	0.010
7	1890999	0.009
3	632863	0.008
5	867619	0.007
4	848475	0.006

Price($)	Vol.	No.
0.011	983	1
0.012	1519650	6
0.013	500000	2
0.014	1299399	2
0.015	905127	4

Last trade - 14.15pm 07/10/2024 (20 minute delay)

TON (ASX) Chart