29M 7.14% 37.5¢ 29metals limited

Ann: Change in substantial holding, page-80

  1. 982 Posts.
    lightbulb Created with Sketch. 665
    Insurance claim considerations are relevant to what point? I can see they have written down some $330M due to the weather event but how much of that is really claimable? If this dog ever becomes profitable it will not pay tax for a long time, thats one bonus, if it survives that long. Could limp along if debt could be eliminated but I only see that possible with swift insurance payout or government intervention, which are both pies in the sky right now. Destined to become a nano-cap in short order with this rate of balance sheet destruction. AusSuper clearly has no idea what it is doing, what kind of people invest working class retirement funds in this way?
 
watchlist Created with Sketch. Add 29M (ASX) to my watchlist
(20min delay)
Last
37.5¢
Change
0.025(7.14%)
Mkt cap ! $263.1M
Open High Low Value Volume
35.0¢ 37.8¢ 35.0¢ $460.3K 1.254M

Buyers (Bids)

No. Vol. Price($)
1 6346 37.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 57387 2
View Market Depth
Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
29M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.