Order got filled and sold out at a 85% loss. No idea how this company will survive on $1m cash and $10m debt, being supported by EPC contracts that are never delivered on time and never on budget. Not going to wait another 2 years of broken promises and due diligence on funding that'll never get approved. I'll be generally surprised if that Brickworks deal goes through under the current financial circumstances. Even if the company got sold tomorrow, they're in $10m debt, why would anyone take that on. I always wondered where the company would be now if they never accepted that Ecogas project and actually used our $15m IPO funds to build VIC1 straight away. You live and you learn.
Good luck to remaining shareholders, it was a solid community and enjoyed engaging with everyone here for the past 2 years. It was a great vision and had strong potential but just bad management unfortunately.
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Mkt cap ! $25.88M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
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4 | 340250 | 0.110 |
5 | 384073 | 0.105 |
4 | 181000 | 0.100 |
1 | 22000 | 0.098 |
Price($) | Vol. | No. |
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0.120 | 57458 | 1 |
0.125 | 469326 | 2 |
0.130 | 723356 | 2 |
0.135 | 200000 | 2 |
0.140 | 478004 | 8 |
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