KrazyJack (good nic my the way)
Why beyond you?
They have contractual obligations for the rig and it appears not enough cash or banker facilities to pay for it. That pretty much fits into a legal definition of insolvency. Directors will not want to trade whilst insolvent as illegal. Thus a real possibility of insolvency. Obviously, they can sell assets, but they might not like the price they get.
Hold because I have to
KrazyJack (good nic my the way)Why beyond you?They have...
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Last
30.0¢ |
Change
0.025(9.09%) |
Mkt cap ! $87.50M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 30.0¢ | 27.0¢ | $80.09K | 284.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 9322 | 2 |
View Market Depth
| Last trade - 14.47pm 24/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |