Whilst I wish all shareholders the best with WMX, I was doing some digging, and was answering Drugo on another thread regarding WMX and its history of sourcing funding....(after thought some might find this interesting). I think it's a pretty amazing feat that WMX is still listed (as the likes of MOY went under after raising/losing far less capital).
Funding/Capital raising timeline:
2014 March - $3m 2014 March -$6m convertible notes 2014 June - $2.2m 2014 Oct - $3.15m 2015 Jan - $3m 2015 June - $2.5m Further $6m debt facility (with a potential extension of $30m) 2015 Dec - $15.5m debt drown from loan to date 2016 Mar - $20.3m 2016 June - $7.5m further debt draw down (debt currently at $23m) 2016 Aug - $25m 2017 Feb - $35m 2017 Aug - $1.2m (debt facility of $72m, can draw down $3m per month, for 24 months.....) (debt now $37.1m) 2017 Nov - $7.5m (a new $50m debt facility) 2018 Jan - $36m 2018 Sept - $23m 2019 Mar - $26m 2019 Jul - Sold LakeWay assets for $10m 2019 Sep - $7m 2020 Feb - $26m (with $66m debt facility) 2020 Aug - $21m drawn from the debt facility above) 2020 Dec - $25m 2021 Mar - $39m
Grand total, $415m.
I tip my hat to any holders that have been around since BLK/WMX first purchased the Wiluna Plant.... you are truly unbreakable.
WMX Price at posting:
$1.06 Sentiment: None Disclosure: Not Held