Good deal on the way IMO..
AJM mgt already spent a few months talking to the existing lender last time. I am sure they are not spending the same time again discussing the same deal. Multiple parties on the table and hence takes time.
As a holder happy to wait for a good deal. A small increase in the interest % is a few million extra payments, hence longer negotiations are worth it.
More than refinance with possible stage 2 finance in possible discussions.
Also, this extension gives a few trolls to speculate on AJM going bust..Not a bad thing as it keeps their empty upstairs occupied..
Good news coming soon..
All IMO and pls DYOR
Arjay
Ann: Extension of Voluntary Suspension, page-7
Add 1MC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $2.745K | 731.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 94 | 66449670 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 34813227 | 80 |
View Market Depth
| Last trade - 15.38pm 26/04/2024 (20 minute delay) ? |
|
|||||
|
Last
0.3¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.3¢ | 0.4¢ | 0.3¢ | 1091107 | ||
| Last updated 14.01pm 26/04/2024 ? | |||||
| 1MC (ASX) Chart |