Interesting news from KBC today. Their lender extended an expired loan, but requires a $1.25m payment by 31 December. They had $23k in the bank last time I checked. Makes the play to try and default MEL look like a move of desperation.
To top it off, Nicholas Bolton is seemingly staring down the barrel of bankruptcy. https://www.copyright link/rear-window/magellan-agitator-nick-bolton-fights-bankruptcy-notice-20231129-p5enpf
Will be interesting to see how this plays out - but does anyone have experience with companies that have loaned money from insolvent companies?
- Forums
- ASX - By Stock
- Ann: KBC: Metgasco Ltd Loan
Interesting news from KBC today. Their lender extended an...
-
-
- There are more pages in this discussion • 29 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 MEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.790M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $985 | 246.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 24718602 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5522909 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 24718602 | 0.003 |
7 | 28975499 | 0.002 |
7 | 54300000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 5522909 | 4 |
0.005 | 4954391 | 5 |
0.006 | 1626490 | 2 |
0.007 | 667557 | 3 |
0.009 | 80000 | 1 |
Last trade - 10.04am 14/08/2024 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |