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
11.0¢ |
Change
0.014(14.6%) |
Mkt cap ! $25.67M | |||
| Open | High | Low | Value | Volume |
| 9.7¢ | 11.0¢ | 9.7¢ | $105.3K | 1.022M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24047 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 36614 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| BML (ASX) Chart |