If it goes into administration, which im sure it will shareholders will get nothing, as nett tangible assets consists of only cash at bank and they will burn through that in 12 months.
Despite turning over $4 billion dollars in H1 after deducting cost of sales and currency translation there income was only circa $10 million.
The operating expenses to produce that was something like $250 million
There is nothing they can do to turn it around
Ann: Ceasing to be a substantial holder, page-8
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Last
$2.42 |
Change
0.010(0.41%) |
Mkt cap ! $3.159B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.44 | $2.34 | $24.73M | 10.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 236373 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 219576 | 25 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |