These things take a while to work out. You have to remember CNNC pulled out at the end of August, everyone thought they would buy 75% of LHM , when that didnt eventuate , they had to start again and work out whether to liquidate or restructure. It appears they are negotiating a restructure. That could involve restucturing both the debt and equity, rasing capital and potentially replacing EDF with another offtaker. You just have to be patient.
Explain to me the situation, page-5
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Last
$10.14 |
Change
0.080(0.80%) |
Mkt cap ! $3.031B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.54 | $10.10 | $13.51M | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1928 | $10.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.16 | 990 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |