hi morgo.A first i was a little taken aback also.but on more reading this is just the paper work necessary to formalise the loan agreement announced weeks back.The new arrangement is on more favourable terms than the original arrangement with CIM.Have a close read and there are some pearls in there.The directors are rightly getting some options(reward) for the risk in taking on the debt.Again the directors must have faith in the eventual outcomes as they are nursing our company through this period until cash flow is positive.permanently.I guess if you look at the market generally many companies are raising capital and are in a similar position to ACE.We are a small company so less option available to us.I actually think the board are doing the right thing.They know the damand and market and have reduced costs and issuing at 5 cents plus . Yes this dilutes our holding a little but checkout the profit the main opposition is making.12 months no dedt and share price 20 cents plus.economy on mend.oil going up.
I trust the integrity of the board.just some orders needed.
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hi morgo.A first i was a little taken aback also.but on more...
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Last
95.0¢ |
Change
-0.010(1.04%) |
Mkt cap ! $133.2M |
Open | High | Low | Value | Volume |
96.0¢ | 96.5¢ | 94.0¢ | $90.20K | 95.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3309 | 94.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
98.0¢ | 10450 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 97 | 0.950 |
1 | 3309 | 0.940 |
2 | 34984 | 0.930 |
1 | 20000 | 0.920 |
2 | 12510 | 0.890 |
Price($) | Vol. | No. |
---|---|---|
0.970 | 30000 | 1 |
0.980 | 10450 | 1 |
0.990 | 12914 | 1 |
1.000 | 1500 | 1 |
1.020 | 5500 | 2 |
Last trade - 16.18pm 30/07/2025 (20 minute delay) ? |
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ACE (ASX) Chart |