Hopefully things can only get better. But 141m shares - to raise $3m, that's 2.1c each share.
For long term holders the 50:1 consolidation destroyed all wealth. I would suggest that most shareholder's holding would be lucky to be worth 2c on consolidated basis.
Who is going to subscribe to this?
Mr Chen will get 141m for his $3m settlement so that's 50% of the company.
Also there are some $132m in ATA convertible notes out there - see p61 of 2016 Annual accounts.
Such a great potential totally destroyed.
- Forums
- ASX - By Stock
- ATA
- Ann: Heads of Agreement signed with Joint Venture partner
Ann: Heads of Agreement signed with Joint Venture partner, page-2
- There are more pages in this discussion • 8 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 ATA (ASX) to my watchlist
(20min delay)
|
|||||
Last
80.5¢ |
Change
-0.010(1.23%) |
Mkt cap ! $254.9M |
Open | High | Low | Value | Volume |
80.5¢ | 80.5¢ | 80.5¢ | $16.1K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8284 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
82.5¢ | 13762 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8284 | 0.800 |
1 | 20000 | 0.795 |
2 | 58768 | 0.785 |
1 | 1280 | 0.770 |
1 | 5000 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.825 | 13762 | 2 |
0.830 | 2167 | 1 |
0.835 | 2154 | 1 |
0.840 | 608 | 1 |
0.845 | 1790 | 1 |
Last trade - 14.38pm 03/05/2024 (20 minute delay) ? |
Featured News
ATA (ASX) Chart |