Can someone with access to the investor portal please post the following question?
Could you please explain why LOM now appears to have a loan owing to them from SML? I understood that the development loan had been repaid. Did LOM support the decision of the SML board to pay a dividend in July, which appears now to have been a questionable decision given that the SML cash on hand is now reported as zero, and they are again indebted to LOM.
Has the LOM share of the July dividend been paid to LOM yet? If not, why do SML not have the cash in hand to pay it? And if so, where was that money spent such that we had to conduct a massively discounted capital raising?
Can someone with access to the investor portal please post the...
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.450M | |||
| Open | High | Low | Value | Volume |
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| LOM (ASX) Chart |
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