Whats the strategy here for Collin Street
Have the Con notes out of the money significantly and the co languishing to a point where it appears we can't deliver anything near term ourselves. WD looks okay but too slow. Newcrest is great, but now, a few months away, it appears.
Additionally, Collins Street was a cornerstone investor in a previous capital raise of approximately 1ish million in addition to debt financing via the con notes they are invested in. Can they not buy on the market here if they genuinely see long-term potential, or is that not viable and happy to see us in administration and paid down?
Whats the strategy here for Collin Street Have the Con notes out...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $11.56M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $20.75K | 2.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 834674 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 242000 | 1 |
View Market Depth
| Last trade - 13.51pm 02/05/2024 (20 minute delay) ? |
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Last
1.0¢ |
Change
-0.001 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.0¢ | 1.0¢ | 1.0¢ | 90000 | ||
| Last updated 12.09pm 02/05/2024 ? | |||||
| GBZ (ASX) Chart |