Anyone have an idea of what EMG financial situation might be? I thought a capital raising was coming but wasn’t going to be shocked if EMG just took the company private again. Wouldn’t be a bad move? Get 800 million (or there abouts) off is poor suckers at $4 a share when prices were good. Then buy back that stake for say 350-400 million (60-70 cents a share) at the bottom of the market. Rinse and repeat in the next cycle Only people that get hurt are the pleb retail investors like us....
Ann: Refinancing Package, page-15
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Last
$1.11 |
Change
-0.050(4.31%) |
Mkt cap ! $1.860B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.10 | $2.515M | 2.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8289 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.11 | 2011 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CRN (ASX) Chart |