You are right maybe my comment was a bit inconsiderate, even if I only said "Near Bankruptcy" I did not mean to scaremonger, and I was only considering their cashflow not other assets. What is the definition for a company forecasting more expenses due than they have in cash? According to the last quarterly they do not have enough funds to meet operational expenses. Then what about the directors pay...
Please as requested give some examples of the funding you think they have access to? Do you think they will get debt in their current financial situation? Given what is available to the market at the moment and the implications of what has not been released judging by ALK and RMS offers, I do not see much of a way forward without a significant cut to shareholders of EXU.
RMS still have plenty of options, and maybe if EXU can not sort themselves out then their assets will be back on the table another day. I think if anything this escapade has shown that there was not much demand on market for what EXU has to offer at the moment, so we can well wait for either a better resource definition, or a better price for the assets. RMS can keep ticking on with what they have at a reasonable margin, even if not full capacity it is still bringing in Money for the foreseeable future.
- Forums
- ASX - By Stock
- Ann: Trading Halt
You are right maybe my comment was a bit inconsiderate, even if...
-
-
- There are more pages in this discussion • 17 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 RMS (ASX) to my watchlist
|
|||||
Last
$1.94 |
Change
-0.060(3.01%) |
Mkt cap ! $2.214B |
Open | High | Low | Value | Volume |
$1.96 | $2.00 | $1.94 | $5.181M | 2.651M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 69014 | $1.94 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.95 | 3271 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 69014 | 1.935 |
4 | 13909 | 1.930 |
4 | 60446 | 1.925 |
3 | 30351 | 1.920 |
5 | 12142 | 1.915 |
Price($) | Vol. | No. |
---|---|---|
1.945 | 3271 | 1 |
1.950 | 3271 | 1 |
1.955 | 55861 | 5 |
1.960 | 15457 | 3 |
1.965 | 15442 | 3 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
Featured News
RMS (ASX) Chart |