No director is going to share insider information.
The Slipform/EWI debt needs to be reviewed by an independent party, if it has not already. If there is fraud there will need to be more than one person in on it. It is a colossal related party debt. I question how did Slipform/EWI fund the work and materials that gave rise to the debt; what is the profit margin; and how these companies remain solvent in the face of non payment by EWC for years.
BTW, SE is going to put $9m in cash and extinguish $9m of debt for EWI shares. The reduction in EWI debt in the use of funds is this debt for equity arrangement.
No director is going to share insider information. The...
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $27.71M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $24.64K | 2.365M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1859285 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 288000 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| EWC (ASX) Chart |