It depends on who determines it as being clear. I think it is clear already. Others do not. If the position then continues to be a disaster, most of the people on this forum will continue to believe the rabbit will be pulled out of the hat.
I believe the only way this company can survive, is if it can pull off a massive CR enough to pay out all the debt and hedge losses at once (say $100m), plus another $20m for ongoing cashflow and just start again. And even then, there is this $48?million rehabilitation liability around the neck.
All in my contrarian opinion of course.
Ann: Maiden Reserve at Bulletin to drive step-change, page-48
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Last
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Mkt cap ! $97.75M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $33.12K | 275.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 164452 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1315527 | 18 |
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| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 110000 | ||
| Last updated 12.43pm 10/06/2024 ? | |||||
| CAI (ASX) Chart |