read the announcement on 6/10/2023. AP put 40 million shares as collateral for a loan (does not say how much he borrowed). He took loan for share purchases plus other things. If the collateral value (always a percentage of share value) falls below the agreed value then a margin call is issued by lender. The margin call can be fulfilled either by pledging more shares or by putting in cash (and that needs to be announced via a Asx release).
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read the announcement on 6/10/2023. AP put 40 million shares as...
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Mkt cap ! $80.88M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 1575010 | 9 |
View Market Depth
No. | Vol. | Price($) |
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2 | 330000 | 0.023 |
13 | 3182240 | 0.022 |
15 | 1835442 | 0.021 |
17 | 2499836 | 0.020 |
4 | 824660 | 0.019 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 1575579 | 9 |
0.025 | 1549601 | 11 |
0.026 | 2175955 | 4 |
0.027 | 1230434 | 2 |
0.028 | 1008439 | 6 |
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