You're being a little mischievous, growler, because you well know how grievous the situation is. I suspect that you're stirring the pot for fun !!
We know that there are no bikkies in the tin. Perhaps by some miracle they were above water on March 31, but only if creditors were prepared to wait. It is inconceivable that now, three weeks later, they are not in the red.
We also know that based on all past evidence any thought of a new deal is fanciful.
As for the next CR, they will find it very difficult to stump up support for the $500,000 needed to stay afloat till June 30. The only chance, and it is a very rough chance, is that a Pinnacle clone could take 25 million shares at 2c (there would need to be an EGM to ratify it, as we know). The Pinnacle clone would need to be confident that they could unload their holding at a profit, as Pinnacle has done on other occasions. But who would take them out ? As discussed yesterday at length, there are no likely buyers of any substance.
- Forums
- ASX - By Stock
- NOR
- General Comments
General Comments, page-106
-
-
- There are more pages in this discussion • 8,476 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
Add NOR (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.9¢ |
Change
0.003(8.33%) |
Mkt cap ! $18.56M |
Open | High | Low | Value | Volume |
3.9¢ | 3.9¢ | 3.9¢ | $3.9K | 100.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 1440 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.032 |
1 | 20000 | 0.030 |
1 | 150000 | 0.027 |
4 | 350000 | 0.026 |
1 | 275000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 1440 | 1 |
0.039 | 74999 | 1 |
0.040 | 200000 | 1 |
0.041 | 123849 | 1 |
0.042 | 23833 | 1 |
Last trade - 11.29am 01/10/2024 (20 minute delay) ? |
Featured News
NOR (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online