NMG now owes RSG $85m plus interest.
If NMG needs more money to get to cash positive, RSG will be ruthless in pressing their advantage to force a big and much lower priced CR.
However, share price still holding firm @5.7c indicates there are plenty of buyers with belief that not much more money will be needed to get Bibiani going.
WN's last day a MD tomorrow. Will we learn anything new about true state of affairs once he's gone?
Ann: Entitlement Offer Shortfall , page-6
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Last
$1.12 |
Change
0.030(2.75%) |
Mkt cap ! $337.5M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.14 | $1.09 | $775.7K | 696.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20204 | $1.11 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 5077 | 2 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ACF (ASX) Chart |