Sounds like NLX allover again IMO and we all know what happen there.
At the end of the day they can't avoid the debt,sure they can massively dilute everyone to the shizenhouser,have a look at some of the cap raisings done by the property developers,issue huge chunks of stock at deap deap discounts,sell businesses which are suddenly now noncore and basically live life as a shell co with a few pennies in the bank and less bankable free cash flowing generating operations.
Batten down the hatches more to come.
latest news, page-8
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Last
$8.56 |
Change
-0.040(0.47%) |
Mkt cap ! $1.352B | |||
| Open | High | Low | Value | Volume |
| $8.66 | $8.67 | $8.54 | $2.326M | 271.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1112 | $8.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.56 | 1111 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ELD (ASX) Chart |