So out of the kindness of their heart Mercuria is going to "potentially" turn the debt into equity in a desperate attempt to slow the bleeding?
Does anyone have any examples of precedence for other companies doing something similar?

Wouldn't it be more cost effective for Mercuria to let JRV go to the wall and write it off... let them shut up shop and be the preferred buyer for the parts once it's in liquidation?
I like many things about this company... some great opportunities, such a shame they got in too deep and are now looking down the barrel of being choked out.
- Forums
- ASX - By Stock
- JRV
- Ann: Jervois Q1 2024 Investor Call
Ann: Jervois Q1 2024 Investor Call, page-8
Featured News
Add JRV (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $40.54M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $135.2K | 8.173M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 176470 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.8¢ | 8322671 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 1017712 | 0.018 |
4 | 476243 | 0.017 |
2 | 4603725 | 0.016 |
6 | 1080100 | 0.015 |
21 | 11721849 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 19950 | 2 |
0.015 | 22596 | 4 |
0.016 | 3639005 | 15 |
0.017 | 4389650 | 13 |
0.018 | 8297074 | 9 |
Last trade - 10.05am 18/06/2024 (20 minute delay) ? |
|
|||||
Last
1.7¢ |
  |
Change
0.002 ( 13.3 %) |
|||
Open | High | Low | Volume | ||
1.7¢ | 1.7¢ | 1.7¢ | 5579193 | ||
Last updated 10.25am 18/06/2024 ? |
Featured News
JRV (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online