29M 0.00% 48.0¢ 29metals limited

Insurance claim considerations are relevant to what point? I can...

  1. 951 Posts.
    lightbulb Created with Sketch. 655
    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
48.0¢
Change
0.000(0.00%)
Mkt cap ! $336.8M
Open High Low Value Volume
48.0¢ 48.5¢ 47.5¢ $707.3K 1.474M

Buyers (Bids)

No. Vol. Price($)
8 81534 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
48.5¢ 50150 2
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
48.5¢
  Change
0.000 ( 0.12 %)
Open High Low Volume
48.0¢ 48.5¢ 47.5¢ 522239
Last updated 15.59pm 03/05/2024 ?
29M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.