Liquidated assets (in current market) are likely to be worth less than the $20M sale to RWD/AMN.
The idle plant and mine site are now a liability for the receivers (presumably). The creditors will need to formulate a plan B if the sale of shares in Kalium Lakes is not possible.
The fees incurred by RWD may be relatively small compared to holding costs incurred by receivers going forward. They will be spending the tax credits.
Liquidated assets (in current market) are likely to be worth...
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Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.468M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 34608 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 345000 | 2 |
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| Last trade - 16.12pm 19/06/2024 (20 minute delay) ? |
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