The firm does not have the money to do a share buy-back. I dont think any bank would lend them money in the current scenario, in fact if they were to write-off their intangibles then that would wipe-off the entire equity.This is now getting serious and most likely there will be a significant SP fall when this next comes out of trading halt.
No auditor would hold a press conference - Not worth the risk.
Ann: Trading Halt, page-22
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$13.51 |
Change
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Mkt cap ! $1.982B | |||
| Open | High | Low | Value | Volume |
| $13.55 | $13.59 | $13.50 | $347.9K | 25.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 867 | $13.50 |
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| Price($) | Vol. | No. |
|---|---|---|
| $13.52 | 395 | 4 |
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