The level of debt is unsustainable, particularly in the current pricing environment and they know this. I’d be very surprised if it is a debt for debt refinancing, I’d expect a large portion of the debt be replaced by equity (either through selling down a part of the project or issuing more stock).
Ann: Trading Halt, page-70
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Last
0.3¢ |
Change
0.001(50.0%) |
Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.3¢ | 0.2¢ | $4.454K | 1.682M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 158 | 211516641 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 42307391 | 101 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
0.3¢ |
Change
0.001 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 1516534 | ||
| Last updated 15.56pm 24/05/2024 ? | |||||
| 1MC (ASX) Chart |