The crux of the matter!
"The only reason it is not under construction already is the financiers currently want expensive terms and a decent amount of equity/CR put into the deal. The amount of equity required to satisfy lenders would lead to heavy dilution at this point and so the development is in waiting."
They want to de-risk it to an acceptable level. Simple as that.
The crux of the matter!"The only reason it is not under...
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $32.67M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $22.82K | 152.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 117644 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 101500 | 3 |
View Market Depth
| Last trade - 12.17pm 15/11/2024 (20 minute delay) ? |
| BML (ASX) Chart |