Australia's largest stock trading and investment forum Australia's #1 stock forum

EM2

Click for more information

2.44%

4.0¢ eagle mountain mining limited

Ann: Deferral of Loan Repayment to Director Related Entity, page-7

First 7 Last

Share
Profile

Follow
mjshackl

3,961 Posts.

1959

12/09/24

10:09

Post #: 75640773
Share

Originally posted by BerserkWarrior: ↑

Generous gesture & aligns himself with shareholders. So many senior office holders look to line their pockets at shareholders expense these days. It's great to be in a company where the 'top' commit so much of their own capital at arms length/on commercial terms or in this case with generosity. I sense it bodes well for a favourable outcome for the current review.

Expand

It's not THAT generous a gesture. The interest due to date on the loan is being paid with via the issuance of more shares to CB.
None of the raised capital from those shares is going to advance the development of the Eagle's projects. So they still need more cash.

EM2 Price at posting: 4.3¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

US election outcomes: Key economic and market takeaways

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

First 7 Last

Add EM2 (ASX) to my watchlist

(20min delay)
Last 4.0¢		Change -0.001(2.44%)		Mkt cap ! $15.71M

Open	High	Low	Value	Volume
4.1¢	4.1¢	4.0¢	$20.82K	510.8K

Buyers (Bids)

No.	Vol.	Price($)
1	61000	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.1¢	56576	1

View Market Depth

No.	Vol.	Price($)
1	61000	0.039
3	116000	0.038
3	44000	0.037
2	24300	0.035
2	302970	0.034

Price($)	Vol.	No.
0.041	56576	1
0.042	257340	1
0.045	120001	2
0.048	25000	1
0.049	332500	2

Last trade - 15.31pm 18/11/2024 (20 minute delay)

EM2 (ASX) Chart