Now that we have audited accounts issue behind us & given current lenders were comfortable to a longer standstill agreement, it is possible they will agree future lending equivalent to previously or possibly a larger amount if PNC can demonstrate profitable ongoing business. (update mentioned additional funding as a possibility). We are also in times when interest rates are likely heading lower.
This would put them in a far stronger negotiating position with potential purchasers. It will also be good position for purchasing debt ledgers form them if they are funding us.
I take comfort from fact that KJ & CFO still hold substantial number of shares. They won't want to do a bad deal & will know first hand PNC prospects.
If they re-list, would be good to see PNC executive buy a material amount of shares also.
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Now that we have audited accounts issue behind us & given...
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Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $70.18M |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 50.0¢ | $61.07K | 122.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
51.0¢ | 50257 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 40000 | 0.500 |
2 | 935 | 0.490 |
1 | 17976 | 0.465 |
2 | 35000 | 0.460 |
3 | 36621 | 0.450 |
Price($) | Vol. | No. |
---|---|---|
0.510 | 50257 | 2 |
0.520 | 2652 | 1 |
0.540 | 50000 | 1 |
0.550 | 60000 | 2 |
0.560 | 72094 | 3 |
Last trade - 10.30am 02/08/2024 (20 minute delay) ? |
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PNC (ASX) Chart |