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
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Last
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Change
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Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $4.557K | 1.579M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 180 | 213086034 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 39536697 | 115 |
View Market Depth
| Last trade - 13.54pm 31/05/2024 (20 minute delay) ? |
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Last
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Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 1083463 | ||
| Last updated 13.41pm 31/05/2024 ? | |||||
| 1MC (ASX) Chart |