I understand paying Hawskwood their cash, but why pay out Ya Global, their $12 million.
Sure, Ya Global is debt, however in this environment and with difficulty obtaining credit, with a strike conversion at 17.5c, why the rush?
ADY could sit on the cash, and avoid applying for a further loan of $12m with less desirable terms next year.
I understand paying Hawskwood their cash, but why pay out Ya...
Add ADY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $17.92M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $11.94K | 1.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 400000 | 2 |
View Market Depth
| Last trade - 13.26pm 19/07/2024 (20 minute delay) ? |
| ADY (ASX) Chart |