IT HAS 150m +/- in cash.....
IT REQUIRES 600m in cash over the coming 18 or so months......
IF/WHEN THEY GET THE 300m FACILITY - THEY WILL BE REQUIRED TO HEDGE OIL PRICE to ensure the banks get repaid.....
in summary
at a min - they are 150m short
at a max - they are 450m short.
the best option (for long-suffering shareholders) would be to sell the company to the highest bidder ........
UNLESS YOU WANT TO SEE WHAT HAPPENS WITH 20++ BILLION SHARES ON ISSUE
lolz
V_H
Ann: Change of Director's Interest Notice, page-125
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Last
50.0¢ |
Change
0.010(2.04%) |
Mkt cap ! $46.20M | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 50.0¢ | 49.0¢ | $16.71K | 33.54K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9455 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 25000 | 1 |
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| Last trade - 15.59pm 03/10/2024 (20 minute delay) ? |
| FAR (ASX) Chart |