I was just thinking, why don't the CEO just have slipform write-off the accumulated debt to EWC? Since the Elliott's own both it would be zero sum game. To be clear not debt for equity just a plain debt forgiveness. Then everyone will be happy even long term long suffering holders, SP will rocket making the Elliott's shares equateable in value to the wire down.. also be debt for expansion would be more forthcoming? Or is this just plain silly?
Why not?
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 (20min delay)
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $36.94M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $1.542K | 130.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1438889 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 267104 | 2 |
View Market Depth
| Last trade - 15.35pm 03/05/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.001 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.2¢ | 1.1¢ | 70567 | ||
| Last updated 15.35pm 03/05/2024 ? | |||||
| EWC (ASX) Chart |