Might be a while till things are sorted but I dont think its fully over.
Voluntary admin is as Newjo said...much better than liquidation...not the best position to be in..but not over fully.
The administrators may find a way out of it...also...what if copper prices recover..they seem to be moving up again.
The administrators will slip in there and deal with the creditors and hopefully come out with some agreement that satisfies both sides and then life goes on and TMR goes on.
If its really bad..then yep...liquidation...but you never know. To me..liquidation means everything goes and shareholders get nothing basically....voluntary admin I would put at a 50-50 chance of survival so I wouldn;t give up...just a waiting game now.
- Forums
- ASX - By Stock
- SMM
- game over
game over, page-23
-
- There are more pages in this discussion • 79 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Biotech innovator secures $5.5M R&D tax incentive refund – major boost for cutting-edge programs
NEWS
Exceptional lithium assays uncovered at Falcon Lake – expanding mineralisation, big potential ahead
Add SMM (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.092M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 21354166 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 1272900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
24 | 21020500 | 0.002 |
18 | 47000203 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 1272900 | 2 |
0.004 | 5052269 | 10 |
0.005 | 8834218 | 11 |
0.006 | 4359766 | 7 |
0.007 | 3621856 | 6 |
Last trade - 16.12pm 12/09/2024 (20 minute delay) ? |
Featured News
SMM (ASX) Chart |
Day chart unavailable