50m shares traded mostly at 0.2c so a decent number of shareholders are offloading their holdings.....having said that, still some buyers at that price despite the buyer volume at that price this morning more than exceeded (i.e. other buyers seem to have stepped in).
Hard to get any sense of what the penalty would be, but at least mgmt have been quite clear:
"any ultimately adverse resolution could have a material negative impact on Site’s financial performance and financial position."
With virtually no cash in the bank at this stage, this could take the company under unless those earnings (& cashflow) start coming through and/or the ACCC recognise they could get nothing if the company goes under (not sure they want to end up with a stake in a leasehold in the Philippines)
- Forums
- ASX - By Stock
- Ann: Result of Appeal of Full Federal Court Judgement
50m shares traded mostly at 0.2c so a decent number of...
-
- There are more pages in this discussion • 1 more message 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 SIT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.807M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1721893 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 41531278 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1721893 | 0.002 |
18 | 71855307 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 41531278 | 15 |
0.004 | 12238608 | 7 |
0.005 | 4560000 | 4 |
0.006 | 663333 | 3 |
0.007 | 3246667 | 3 |
Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
Featured News
SIT (ASX) Chart |
Day chart unavailable
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online