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4.4¢ centrex limited

Ann: Ardmore Phosphate Mine Stage 1.5 Expansion Update, page-14

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1,103 Posts.

97

15/03/24

13:53

Post #: 72905877
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Originally posted by Happ: ↑

Very transparent update and that interview linked by @Jaliso provides further transparency and context.

@fup clearly it's a moving beast, so some items will be below budget, some above budget, some not in the budget, some unnecessary. Management has shown that they are proactive in managing capital expenditure in the best interests of shareholders. What is even more important is that they are transparent and prepared for scrutiny rather than hiding or concealing. It is very rare attribute these days and they have listened to the shareholders.

Interview with MD confirms what many were suspecting. It was difficult to get debt without history of operations and extra equity. The management attempted its best to design an exotic solution.

They could have raised earlier but I think they were caught off guard by someone screwing them through share price while the debt negotiations were happening. People tend to project their own qualities on to the others. I see management with integrity.

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so you took your full allocation in the SPP right?

CXM Price at posting: 5.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 4.4¢		Change -0.001(2.22%)		Mkt cap ! $36M

Open	High	Low	Value	Volume
4.5¢	4.5¢	4.2¢	$72.52K	1.659M

Buyers (Bids)

No.	Vol.	Price($)
2	410062	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.4¢	289387	2

View Market Depth

No.	Vol.	Price($)
2	410062	0.043
4	471208	0.042
3	170100	0.041
1	12250	0.040
1	28500	0.035

Price($)	Vol.	No.
0.044	289387	2
0.045	72314	2
0.046	64344	2
0.047	13645	1
0.048	70000	2

Last trade - 15.06pm 18/06/2024 (20 minute delay)


Last 4.4¢			Change -0.001 ( 2.22 %)
Open	High		Low	Volume
4.4¢	4.4¢		4.3¢	727941
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