Well the fact Management are not buying up shares while their stock is literally 0.2c and paying themselves $350k each with $10m in debt is beyond a red flag. Could they sell to a buyer that would want to take on the pipeline? A clause could be that Joe would have to stay on for 2-3 years to make sure the projects are delivered. I don't see any other option, there isn't even enough liquidity in the market to even do anything. It's either they sell the business or go into administration by December.
Ann: FY23 Annual Report, page-16
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $24.23M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 11.0¢ | 10.0¢ | $20.92K | 197.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 98081 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 31107 | 4 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| DEL (ASX) Chart |