They're bleeding cash with little to show for the expenditure, share price is on the floor, they're rattling the tin at all time lows & they have a a Convertible Note tightening around their neck and Peter Rohner's off presenting in Singapore? If you can't sell it here you won't sell it there. The Note distinctly differentiates/diverges the interests of shareholders from Collins Street & Vas Piperoglu. What's good for them isn't necessarily good for the balance of the Register (us). The company is being run for the ultimate benefit of the Noteholders. I can't see how shareholders can now come back from this unless the Newcrest farm-in delivers. One of the worst examples of management ineptitude destroying what could/should have been a success story in a supportive precious metals environment we haven't seen in decades & if it continues perhaps in a lifetime, yet here we are.
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Mkt cap ! $10.41M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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4 | 1618368 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 832697 | 5 |
View Market Depth
No. | Vol. | Price($) |
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4 | 1618368 | 0.008 |
4 | 1695204 | 0.007 |
2 | 500000 | 0.006 |
2 | 370000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 832697 | 5 |
0.010 | 900000 | 2 |
0.011 | 1009000 | 2 |
0.012 | 1060798 | 4 |
0.013 | 1322442 | 3 |
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