50 M in debt, 25 M turnover. Fully drawn down loans - no reserves.
the debt being repaid is done via one debt consol to another - there is no debt being paid.
Year on year loss and accumulating
Chairman resigned, Director resigned.
Where's the good news ?
I was a holder , sold out - would love to get back in but there's no compelling reason....I keep my eyes on this share as it ought to be a little starlet but is sinking deeper in to debt .
All holders are kind of stuck , waiting for the turnaround - and that's the issue.
50 M in debt, 25 M turnover. Fully drawn down loans - no...
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Last
43.0¢ |
Change
-0.010(2.27%) |
Mkt cap ! $129.7M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 44.0¢ | 43.0¢ | $75.9K | 175.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 64152 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 150000 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| IMB (ASX) Chart |