A couple of thoughts:
1. Why don't AJM undertake a right issue the equivalent of the debt amount?
2. My guess is that the BOD initially got favourable terms but was jeopardized by Covid. So, they just made the best out of it
3. Paying 10% of mc (~15m) to delay and revised the terms seems "okay" since we couldn't pay similar amount of interest
4. We got three years to turnaround the ship.
- Forums
- ASX - By Stock
- 1MC
- Ann: New Financing Package
Ann: New Financing Package, page-124
-
-
- There are more pages in this discussion • 4 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 1MC (ASX) to my watchlist
|
|||||
Last
3.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.935M |
Open | High | Low | Value | Volume |
3.3¢ | 3.3¢ | 3.3¢ | $124 | 3.755K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 16221 | 3.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.4¢ | 3568 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 16221 | 0.033 |
2 | 17721 | 0.032 |
4 | 102290 | 0.031 |
1 | 11666 | 0.030 |
1 | 19200 | 0.029 |
Price($) | Vol. | No. |
---|---|---|
0.034 | 3568 | 2 |
0.035 | 23800 | 1 |
0.036 | 366239 | 4 |
0.037 | 70464 | 2 |
0.038 | 75000 | 1 |
Last trade - 15.56pm 06/09/2024 (20 minute delay) ? |
Featured News
1MC (ASX) Chart |