I’m pretty sure I read somewhere it was 30%, I also thought it was 1/3. On round numbers I had PURE at $30m debt, $8m to ATO which MCL said will be paid by end June/early July, $2.5m left of the $5m Swiss loan.
So as i understand $40m odd owed still. All the asset sales have been doing is paying for the interest, repaid $2.5m of Swiss loan and kept the lights on. Despite asset sales each Qtr is still negative Cashflow. If this deal happens they are hoping all I can say is we will be diluted to kingdom come. But we still live I guess. I stand to be corrected if anyone has more views or info. To raise $40m to pay debts plus about $60m to buy out the other 2 shareholders in BB, roughly $100m, divide that by $0.008 that’s another 12.5B shares!! Go figure.
- Forums
- ASX - By Stock
- Ann: Deleveraging update
I’m pretty sure I read somewhere it was 30%, I also thought it...
Featured News
Add MCL (ASX) to my watchlist
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.844M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $5 | 1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 2872915 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 1108919 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 2872915 | 0.004 |
5 | 1876000 | 0.003 |
4 | 5520000 | 0.002 |
2 | 1400000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 15 | 1 |
0.006 | 2075689 | 6 |
0.007 | 180829 | 4 |
0.008 | 396752 | 1 |
0.009 | 375120 | 1 |
Last trade - 10.04am 11/07/2024 (20 minute delay) ? |
Featured News
MCL (ASX) Chart |