agree BM a lot is factored in. But from personal experience, the problem with debt loaded "asset" backed stories , is that the downside to Net Asset values tends to be magnified, particularly when the CF profile is so poor. If my NTA is right, implies ~$180m in Net Debt vs Equity of $90m. The banks will not accept this level of leverage, especially with CFs remaining so poor. They will demand another cap raise, which clearly will be heavily dilutionary at current prices.
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Last
3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.65M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.7¢ | $148 | 4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 126577 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 85000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 126577 | 0.037 |
2 | 195504 | 0.035 |
1 | 100000 | 0.034 |
1 | 15000 | 0.033 |
1 | 22000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 85000 | 1 |
0.042 | 93173 | 1 |
0.043 | 277760 | 1 |
0.046 | 123468 | 2 |
0.047 | 98999 | 2 |
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