Macquarie is just trying to make sure they won't go bankrupt before they repay their debt. Capital raise to guarantee their money first.
Pushing for another round of debt negotiation down the road.
CR would be at a discount $0.15?
"We promise we are fully funded until next debt renegotiation." No reason to celebrate but further dilution.
The issue here is the AWFUL PRODUCTION RESULTS well below what was planned.
Macquarie is just trying to make sure they won't go bankrupt...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $97.75M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 12.0¢ | $33.12K | 275.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 164452 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1315527 | 18 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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12.0¢ |
Change
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 12.0¢ | 110000 | ||
| Last updated 12.43pm 07/06/2024 ? | |||||
| CAI (ASX) Chart |