I've been following MOZ and it will likely be placed into administration in under 12 months time.
Their banking debt facilities expire in August 2024 and then their convertible bond in September 2024.
Mickebee is correct in his assessment, MOZ is burning cash hugely and it does not look close to turning around.
Free cash flow in FY23 was circa -$35m, in FY22 it was -$48m. They plugged some of this gap by raising $32m in convertible notes in FY22 but they've burnt through nearly all of that and cannot see how they will re-finance any debt or even raise equity.
- Forums
- ASX - By Stock
- Ann: MOZ - Activity statement and Appendix 4C - Q1 FY24
I've been following MOZ and it will likely be placed into...
Featured News
Add MOZ (ASX) to my watchlist
|
|||||
Last
7.0¢ |
Change
-0.004(5.41%) |
Mkt cap ! $12.49M |
Open | High | Low | Value | Volume |
7.4¢ | 7.4¢ | 6.9¢ | $82.54K | 1.159M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 81632 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 12000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 31632 | 0.070 |
3 | 131580 | 0.069 |
2 | 20000 | 0.068 |
1 | 60000 | 0.067 |
1 | 96000 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 12000 | 1 |
0.073 | 29324 | 2 |
0.074 | 23300 | 3 |
0.075 | 10792 | 1 |
0.079 | 12660 | 1 |
Last trade - 12.27pm 03/07/2024 (20 minute delay) ? |
Featured News
MOZ (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online