Agreed, a Death Spiral, the writing was on the wall, another good lesson.
If a management team accepts these terms then they are not thinking about the shareholders, or their eyes were heavily glazed over due to their complexity, or they thought they were going to win big time knowing the sp would drop below 2c. I don't think the holders of these instruments will do that well, the other shareholders certainly wont.
Those companies that manage to keep their capital structures clean, they are the ones that are worth looking at.
- Forums
- ASX - By Stock
- This is a really dumb transaction - kill it
Agreed, a Death Spiral, the writing was on the wall, another...
-
- There are more pages in this discussion • 1 more message 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 JAY (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.599M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $1.961K | 183.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39574 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 75000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39574 | 0.010 |
2 | 161501 | 0.009 |
2 | 310000 | 0.008 |
2 | 540000 | 0.007 |
2 | 1250000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 75000 | 1 |
0.014 | 52603 | 1 |
0.016 | 258535 | 1 |
0.017 | 277610 | 2 |
0.020 | 400000 | 1 |
Last trade - 15.07pm 02/10/2024 (20 minute delay) ? |
Featured News
JAY (ASX) Chart |