//I guess the fact creditors keep accepting shares in return for payment must mean at least some think this might move higher soon??//
This is not correct. Whe they pay creditors using shares, they use base price lower than market price. So creditors can dump them and get their money while SP goes lower.
And some recent big payments to creditors are just to extend due date and panelties for late payments, no capital payments.
//I guess the fact creditors keep accepting shares in return for...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ME1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $918.7K | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $5.033K | 1.703M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 68 | 38040618 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 17408992 | 21 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| ME1 (ASX) Chart |