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
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $101.9M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.3¢ | $234.7K | 1.867M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104875 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 1579409 | 18 |
View Market Depth
| Last trade - 15.43pm 17/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
0.000 ( 1.96 %) |
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| Open | High | Low | Volume | ||
| 12.8¢ | 12.8¢ | 12.0¢ | 631180 | ||
| Last updated 15.40pm 17/05/2024 ? | |||||
| CAI (ASX) Chart |