Completely agree. You’ve exactly captured my sentiment. That’s precisely the ‘risk’ I’m referring to - that directors feel they need to press ahead with debt-to-develop rather than walk away from a (potentially) punitive deal. Fiduciary duties notwithstanding, there have been plenty of occasions where management teams have pressed ahead with a decision even though it’s highly unlikely to be accretive for shareholders. South32 pushing ahead with the development of Taylor/Hermosa is a recent glaring example of this.
Completely agree. You’ve exactly captured my sentiment. That’s...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $87.68M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.3¢ | $411.8K | 2.222M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 671710 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 19.0¢ | 194077 | 7 |
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| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
18.5¢ |
Change
-0.005 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| 18.5¢ | 19.0¢ | 18.5¢ | 817240 | ||
| Last updated 15.39pm 17/06/2024 ? | |||||
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