Yes looks like things are finally looking up. Expect to see an uplift in NAV at 31 December 2021. The catalyst will be when they are cashflow positive.
They will probably use the cash going forward to buy back the URFPAs by the Jan 23 step up date. This is their most expensive debt and converting would dilute the ordinaries too much.
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31.0¢ |
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Mkt cap ! $218.7M |
Open | High | Low | Value | Volume |
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---|---|---|
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4 | 251208 | 0.305 |
1 | 33336 | 0.300 |
1 | 50000 | 0.290 |
1 | 200000 | 0.285 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 147832 | 1 |
0.320 | 350292 | 3 |
0.325 | 87634 | 2 |
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