The debt is covered off, we raised the money to pay it off. Like sime says, "seems like it would be close to $0"
How is the market "hating" BDM ? Strong word.
We know for a fact that GIB were (could still be) selling into the market, and at the same time shorts have risen (I'm guessing to get those GIB held shares cheap).
Since the GIB ann making it know about their selling, volumes have decreased and in my view, the market is waiting for further financial figures and of course LOM.
However, it has been shown (publicly) by BDM they intend to make further acquisitions/MA etc. So watch that space.
The instos/investors who backed this latest iteration of BDM, I would have thought, don't "hate" BDM.
IMO DYOR
The debt is covered off, we raised the money to pay it off. Like...
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $177.6M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.0¢ | $93.26K | 720.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26632 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 111111 | 1 |
View Market Depth
| Last trade - 14.27pm 04/09/2024 (20 minute delay) ? |
| BDM (ASX) Chart |