what do you think they would be discussing........
I would have thought the companies position was not fixable with dialogue.
Basically the company owes more than it can raise to pay a court enforced debt which they will receive no benefit from paying
Really despite the evidence being stack against them BRL have been in a position whereby they had to roll the dice and push out payment via the court system for as long as possible or go bust.
I think there is a word for a company that owes more money than it can get it hands on.
Worst still what they do owe, under current coal prices, is equivalent to 4 to 5 years NPAT so trading out of the position as they have been attempting to do over the last 3 years does not look promising.
I would also say with the court debt hanging over them and low coal prices it will make it highly unlikely they can get financing for the Canada joint venture
Perhaps the only discussions with major SHers is in line with another RCPS deal to screw over the small SHers again.
- Forums
- ASX - By Stock
- BRL
- Present position.
Present position., page-2
-
- There are more pages in this discussion • 31 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRL (ASX) to my watchlist
(20min delay)
|
|||||
Last
68.0¢ |
Change
-0.015(2.16%) |
Mkt cap ! $130.1M |
Open | High | Low | Value | Volume |
72.5¢ | 72.5¢ | 68.0¢ | $4.819K | 6.999K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 203 | 68.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
73.5¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 203 | 0.680 |
1 | 300 | 0.675 |
1 | 25 | 0.650 |
1 | 4763 | 0.625 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.735 | 10000 | 1 |
0.740 | 4357 | 1 |
0.790 | 50000 | 1 |
0.800 | 28279 | 1 |
0.815 | 6538 | 1 |
Last trade - 13.39pm 09/09/2024 (20 minute delay) ? |
Featured News
BRL (ASX) Chart |