The only way that holders lose everything is ari goes into liquidation and the procceds can't payback all creditors, employees. If there is a DOCA then there must be something in it for holders, they can't say lets just give the company to lenders & fck the holders. Now just as reported both fed & sa government are urging banks to give ari a chance, sa gov goes further proposes to upgrade whyalla to make the plant viable. I haven't seen this kind of support from both governemnts for a company in VA, also consider Banks are unsecured is a messy liquidation in their best interest? At this stage I am rating a 50/50 chance of liquidation, there is a real chance of DOCA hence the insistance the board's choice of grant thorton. Lets just hope for the best as this is out of our hands now.
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ARI
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Last
3.7¢ |
Change
0.001(2.78%) |
Mkt cap ! $28.96M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $7.91K | 213.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 339636 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 227683 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 339636 | 0.037 |
4 | 688388 | 0.036 |
3 | 2662000 | 0.035 |
3 | 531911 | 0.034 |
5 | 1346784 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 227683 | 2 |
0.040 | 418000 | 2 |
0.041 | 249750 | 1 |
0.042 | 1327279 | 4 |
0.043 | 855000 | 3 |
Last trade - 15.32pm 11/07/2025 (20 minute delay) ? |
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VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
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