After the full year announcement they stated they are going into the year with more work than ever, they now turn around and say the 6 months will be break even on a underlying basis(in real terms lost money).
They have had the strategy inplace from the beginning of the year but they keep saying it is in process.
2 capital raisings within 6 months of one another is not good. We heard from one of our suppliers that ANG has some serious money issues so i guess this is for paying off creditors??
I suppose there will be a presentation with this and shareholders will get an opportunity?? but after giving themselves a pay increase and producing what looks like the worst 6 months that i can remember for this company there must be some serious questions asked of the directors at the AGM.
Imdex seems to have handled their debt issue much better than ANG.
After the full year announcement they stated they are going into...
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Last
62.5¢ |
Change
0.005(0.81%) |
Mkt cap ! $366.5M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 62.5¢ | 60.5¢ | $1.266M | 2.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 44170 | 3 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| ANG (ASX) Chart |