overall it’sa good move. Not for pleb shareholders because they don’t matter in the big scheme of things. The aim probably always was to pump as much money in it as possible from lemming shareholder funds before a sale of the facility at cents on the dollar. Personally I’m speculating that the bank, stressed asset investors and the company have likely been in talks for a while to set such a deal up, hence the waiver of the gearing ratio covenant perhaps? Why would the bank waive the covenant given the company’s horrible canoes and net debt I wonder.
- Forums
- ASX - By Stock
- CAN
- Ann: Response to ASX Query
Ann: Response to ASX Query, page-13
-
-
- There are more pages in this discussion • 51 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
|
|||||
Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.54M |
Open | High | Low | Value | Volume |
2.9¢ | 2.9¢ | 2.8¢ | $20.5K | 713.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28822 | 2.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 237337 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28822 | 0.029 |
8 | 936352 | 0.028 |
9 | 364259 | 0.027 |
3 | 184461 | 0.026 |
4 | 220000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 237337 | 6 |
0.031 | 196118 | 3 |
0.032 | 175533 | 4 |
0.033 | 608944 | 9 |
0.034 | 65720 | 1 |
Last trade - 15.22pm 23/07/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online