Can someone update me on the current DEBT levels of this company, it is a little hard as quarter cashflow accounts are not released.
The company recently stated they have paid off $14M of bank debt, so given on 6 NOV 2017 presentation announcement they held DEBT of AU$ 8.08M, so after this lastest rights issue, they now hold debt somewhere around AU$6.70M? (assuming) they have not touched their renewed revolving line of credit DEBT facility?
With oil prices under pressure, it would seem likely that we may now come under further selling pressure , and given that huge 10M individual sell order at 1cent, all in all this is looking very shakey.
Thinking out loud, i would like other holders opinions on the above?
Thank you.
Current Debt levels
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Mkt cap ! $6.798M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.4¢ | 1.4¢ | $8 | 555 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 21 | 3251378 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 1.5¢ | 524733 | 2 |
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| Last trade - 14.11pm 13/06/2024 (20 minute delay) ? |
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Change
0.000 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.4¢ | 486843 | ||
| Last updated 15.33pm 13/06/2024 ? | |||||
| VSR (ASX) Chart |