Hmm is your point that DSCR is 0? It requires a positive EBITDA as a numerator. But yes, tens of millions more in capital raises to come to pay down all of that debt.
Fun fact, did you know since listing in 2017 CAN has done $168m in capital raises? All of that for revenue of $8m in the last half (and a loss of $19m) and $65m of debt that needs to be repaid. If anyone ever writes a book on wealth destruction in Australia I'm sure CAN will warrant a look-in.
Management sure did have a rosy view of where things were going in the short-term back on 29th January 2020:
- Forums
- ASX - By Stock
- CAN
- Ann: Half year results presentation
Ann: Half year results presentation, page-61
-
- 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)
Featured News
Add CAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.0¢ |
Change
0.015(33.3%) |
Mkt cap ! $26.71M |
Open | High | Low | Value | Volume |
4.8¢ | 6.2¢ | 4.8¢ | $165.0K | 3.104M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 179634 | 5.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 14138 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 179634 | 0.057 |
1 | 40701 | 0.056 |
1 | 25000 | 0.055 |
1 | 9277 | 0.054 |
1 | 95942 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 75757 | 3 |
0.061 | 100859 | 3 |
0.062 | 30000 | 2 |
0.063 | 200000 | 1 |
0.065 | 831157 | 3 |
Last trade - 14.01pm 27/09/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |