Any investor who sees this as a vote of confidence in the management must have been thinking there was a chance they would default. Which is ridiculous. There's no such risk in play.
This payment is nothing more or less than what they need to do and thus a nothing-burger.
This is not what investors are waiting to hear.
Ann: Partial Repayment of JARE Facility, page-12
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Last
$6.29 |
Change
-0.125(1.95%) |
Mkt cap ! $5.879B | |||
| Open | High | Low | Value | Volume |
| $6.31 | $6.34 | $6.27 | $3.351M | 533.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 11143 | $6.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.29 | 24019 | 65 |
View Market Depth
| Last trade - 11.38am 10/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |