100% agree. The company needs to highlight that these restructuring is ongoing and a lean company is the way of the future. That means slimming down the board & management on a permanent basis with a concentration of extracting value out of existing assets. There is no way in hell that MA should be scoping out further investment and commitments given the weakness in our balance sheet. If anything, we should be preparing ourselves for sale for when oil prices recover....not invest further. The burn of capital has been unbelievable.
Ann: Company Update, page-14
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.95M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $72.25K | 6.568M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 9366232 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 4532067 | 7 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| OEL (ASX) Chart |