Its more than that. They have to pay back the principal $22.6m. The market cap is only $7.6m. The dump is underwater. It's at least $2.6m in annual interest payments. They have used nearly all cash reserves and have burnt more cash than receipts every quarter for the past 4 years. This is not retrievable and no one is getting anything out of this.
Ann: Vonex agrees updated debt facility to late 2025, page-3
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Last
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.66M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.5¢ | $534.1K | 15.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 11053073 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 4065079 | 15 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| VN8 (ASX) Chart |