Even though OCP have extended the maturity date on the debt owed to them, I guess they could play hard ball at some stage, and demand repayment. Would the other 58% of shareholders kick in for $15-$20 million in a rights issue? At say 1c per share?
Of course they wouldn't, so OCP take control in total, with AML unable to pay. Game over. Happy pills not working today.
Ann: Change in substantial holding, page-9
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Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $6.578M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.071K | 178.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3742936 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 486570 | 4 |
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| Last trade - 09.59am 20/05/2024 (20 minute delay) ? |
| AML (ASX) Chart |