The order was made 19th Feb and they want them to deposit 750K on the 20th Feb - is that normal practice? sounds like such short notice/impossible to get approval for such a large amount in that amount of time>?
I can only guess the draft email on the 12th Feb that they were advised of the amount otherwise how is Ferroglobe suppose to make a decision on the spot to approve $750K considering timezone difference as well.. I don't think they were expecting such a high amount as guarantee - I wasn't anyway.
There net income looks like it's down 60% from Y/Y so I assume everyone would be tightening their belts and not just handing out cash willy nilly.
Cheers
M.oz
ferroglobe-accuses-asx-company-of-using-confidential-ip-after-failed-collaboration, page-661
-
- There are more pages in this discussion • 42 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.0¢ | $10.13K | 480.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 2061189 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 85039 | 2 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| ADO (ASX) Chart |