The company needs to decide how they will handle the ELF situation which they most likely have We can try to figure out what the best outcome would be while we wait to be informed They may give interest free extension for up to two years in hope share price lifts so money comes in They may say plenty of opportunity to have obtained shares at .001 and let the ELF expire So if it takes longer than expected to get earnings from BM and their is a need of cash injection allowing for costs of upgrade to BM getting plant operating and product to market and if share price is stagnant What do you do about a CR Maybe a consolidation may be an option at some stage so as to make CR more viable Survival until reinforcements in the form of earnings come along and if BM comes on line and makes a reasonable profit you have an asset of value based on yearly earnings just my opinion
The company needs to decide how they will handle the ELF...
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0.3¢ |
Change
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Mkt cap ! $9.515M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $100 | 33.27K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 19062147 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 12731463 | 25 |
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| ECT (ASX) Chart |