The put option liability is the killer here. At 30 June 2022 it was 59.2M. The company has great businesses but the danger is a refinancing/restructure will leave shareholders with very little or nothing. If it goes into administration then these assets will be sold at fire sale prices. ZFB could get her stake back for cents in the dollar thanks to management screwing this up.
- Forums
- ASX - By Stock
- BWX
- Ann: BWX FY22 Financial Results Release
Ann: BWX FY22 Financial Results Release, page-119
-
- There are more pages in this discussion • 86 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BWX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online