Mad.
Its been covered before...from memory, if you dont make your cash calls then your equity gets sold down to cover costs. I assume that means our equity in SNE would be floating with the winds of oil prices.
Phill.....thats the call that needs to be made sooner rather than later. Thats my point. Do we spend the cash on hand now on cash calls and play into the future with the hope that we get finance (betting on the outcomes of the pandemic) with a possible option of a CR (betting on the outcomes of the pandemic)....remembering that 55 billion shares to be sold at half a cent has to make sense to someone.
Which brings me to my point....would Meridiun, Farjoy and AG rather get some cash back now or risk losing it all?
If WPL put Sangomar on ice the whole thing could be delayed into a brighter future......that option has just been pulled.
Mad.Its been covered before...from memory, if you dont make your...
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Last
52.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.05M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.0¢ | 52.0¢ | $1.562K | 3.004K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17440 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.0¢ | 22471 | 1 |
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| Last trade - 15.41pm 09/07/2024 (20 minute delay) ? |
| FAR (ASX) Chart |