capital raising is OUT-OF-THE-QUESTION
Do you really think they can finance Southdown without a capital raising.
They can not even run the current operation without a capital raising!!
We are talking about a $250 million market cap company to finance 70% of >$1,8 billion.
Reason for reverse takeover ABM was financing from cash flow South Down, however this scenario collapsed as there seemed to be more debts and increased production costs in combination with -48% pellet prices.
Speaking of Paterson report, have you noted 2011 is not profitable.
This is a very difficult business case with a lot of deception and frustration for old shareholders, hardly doubt this will get a happy and some day.
- Forums
- ASX - By Stock
- grr sp breakout imminent
capital raising is OUT-OF-THE-QUESTIONDo you really think they...
-
- There are more pages in this discussion • 24 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 GRR (ASX) to my watchlist
(20min delay)
|
|||||
Last
26.0¢ |
Change
0.005(1.96%) |
Mkt cap ! $300.9M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 25.5¢ | $224.3K | 860.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 121209 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.5¢ | 286541 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 117055 | 0.260 |
2 | 100004 | 0.255 |
13 | 325215 | 0.250 |
4 | 204234 | 0.245 |
15 | 306029 | 0.240 |
Price($) | Vol. | No. |
---|---|---|
0.265 | 279593 | 8 |
0.270 | 134037 | 4 |
0.275 | 357994 | 6 |
0.280 | 190500 | 6 |
0.290 | 154000 | 5 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
GRR (ASX) Chart |