Excepting your forgetting about the other note holders CVI investment who are a vulture fund and there returns are maximised at a floor price of $1.84
The recent credit raise gives them additional powers as the new note holders can start the decline and they can just accelerate it
i know your a fan of the old Cup and Handle take.a look at RAD in the USA on a closing basis and tell me what you think.
Chart - Z1P, page-10507
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 (20min delay)
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Last
$1.26 |
Change
0.005(0.40%) |
Mkt cap ! $1.422B | |||
| Open | High | Low | Value | Volume |
| $1.28 | $1.29 | $1.26 | $2.151M | 1.684M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 3832 | $1.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.27 | 32876 | 27 |
View Market Depth
| Last trade - 10.56am 16/05/2024 (20 minute delay) ? |
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Last
$1.26 |
Change
0.005 ( 0.65 %) |
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| Open | High | Low | Volume | ||
| $1.28 | $1.29 | $1.26 | 526493 | ||
| Last updated 11.15am 16/05/2024 ? | |||||
| ZIP (ASX) Chart |