IMO, it’s misconceived to conclude significant debt automatically means it will be a significant challenge to account for it. They’re not one and the same.
And I highly doubt they would be able to get anyone to participate in another raise if it were needed because they simply weren’t generating enough revenue to say solvent.
News: BCB Bowen Coking Coal Says Company Strategic Review And Update, page-23
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Last
7.3¢ |
Change
0.003(4.29%) |
Mkt cap ! $207.9M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.5¢ | 7.1¢ | $312.7K | 4.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 424838 | 7.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.5¢ | 236156 | 3 |
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| Last trade - 16.10pm 23/05/2024 (20 minute delay) ? |
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Last
7.4¢ |
Change
0.003 ( 5.41 %) |
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| Open | High | Low | Volume | ||
| 7.1¢ | 7.5¢ | 7.1¢ | 1377854 | ||
| Last updated 15.59pm 23/05/2024 ? | |||||
| BCB (ASX) Chart |