“The proposal has drawn objections from some shareholders, who have argued that it is unfair and imbalanced toward McDermott management, officers and directors. The shareholders, whose interests will be wiped out under the proposed plan, have argued that the proposal provides McDermott’s management with 7.5% of newly issued equity in the restructured company, while leaving the equity shareholders with nothing.”
https://www.documentcloud.org/documents/6796031-M178145029926-Rep-0203113710-4.html
But don’t let these facts stop you from being optimistic about the results of that review of strategic alternatives.
DYOR
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
2.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.68M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.9¢ | 2.7¢ | $261.8K | 9.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1726014 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.8¢ | 327460 | 4 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| LKE (ASX) Chart |