WWI doesn't have any debt. The could just as easily suspend operations and sell the asset if need be. That's my take on it. Yes I was reading up about Wiluna Mining this morning and seems they took the easy way out in my opinion. They only appeared to have $50 Million debt and raised $40 Million recently. Maybe they had forward contracts or something. Would be interesting to know why they went into administration.
Ann: Placement Request under Equity Placement Agreement, page-122
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Last
1.6¢ |
Change
0.001(6.67%) |
Mkt cap ! $40.66M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $14.75K | 927.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4256999 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 1794504 | 6 |
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| Last trade - 12.14pm 19/07/2024 (20 minute delay) ? |
| WWI (ASX) Chart |