Asking for a friend. Is it reasonable for SHs to pay 35c for SPA...

  1. 1,036 Posts.
    lightbulb Created with Sketch. 133
    Asking for a friend.

    Is it reasonable for SHs to pay 35c for SPA shares in September 2025 (7 months) for a cash injection of $6.7m after PAM gets a debt deferral Warrant deal at 23c due in March 2027 plus will get 9.5% interest payments on the outstanding $5m debt in the interim? DYOR.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
16.0¢
Change
0.010(6.67%)
Mkt cap ! $10.96M
Open High Low Value Volume
16.0¢ 16.0¢ 16.0¢ $2.353K 14.70K

Buyers (Bids)

No. Vol. Price($)
2 102910 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
15.5¢ 36589 1
View Market Depth
Last trade - 09.59am 17/09/2025 (20 minute delay) ?
SPA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.