That would require PEP to allow them to kick the can down the road. PEP already did them a favour once and waived the previous covenants which has bought them time to get the capital solution sorted but so far that hasn’t occurred and times almost up. PEP would look like idiots if they let MME breach a second time. That would be a serious credibility hit to PEPs judgement. Besides PEP would probably get first dibs on funds from sale of Mme assets if voluntary Administrators are appointed.
That would require PEP to allow them to kick the can down the...
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Last
7.0¢ |
Change
0.001(1.45%) |
Mkt cap ! $56.00M | |||
| Open | High | Low | Value | Volume |
| 7.0¢ | 7.0¢ | 6.6¢ | $1.497M | 21.40M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 495 | 6.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.0¢ | 265684 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
6.6¢ |
Change
0.001 ( 5.71 %) |
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| Open | High | Low | Volume | ||
| 7.0¢ | 7.0¢ | 6.6¢ | 98513 | ||
| Last updated 15.29pm 03/05/2024 ? | |||||
| MME (ASX) Chart |