no doubt the share price will get hammered when this thing finally starts trading again. But, for me, longer term the events of the last few days have taken a lot of uncertainty out of the investment. Whoever is CEO/Chairman will now know that a capital raising is off the agenda and that debt repayment will have to come from cashflow and/or asset sales.
Simon Marais from Alan Gray apparently said on Friday that a capital raising is a cray thing to do and that there is no risk of capital breaches.
Personally a new CEO with some experience in publishing, and who is able to manage costs, rather than chase some illusory new-media dream, would be ideal
key apn shareholders in push to oust ceo, page-7
Add A1N (ASX) to my watchlist
 (20min delay)
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Last
71.8¢ |
Change
0.008(1.06%) |
Mkt cap ! $224.6M | |||
| Open | High | Low | Value | Volume |
| 70.5¢ | 72.0¢ | 70.5¢ | $23.72K | 32.99K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1813 | 70.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 18067 | 3 |
View Market Depth
| Last trade - 11.52am 10/10/2024 (20 minute delay) ? |
| A1N (ASX) Chart |