These things take a while to work out. You have to remember CNNC pulled out at the end of August, everyone thought they would buy 75% of LHM , when that didnt eventuate , they had to start again and work out whether to liquidate or restructure. It appears they are negotiating a restructure. That could involve restucturing both the debt and equity, rasing capital and potentially replacing EDF with another offtaker. You just have to be patient.
Explain to me the situation, page-5
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Last
$7.78 |
Change
0.120(1.57%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.85 | $7.59 | $24.38M | 3.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1636 | $7.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.78 | 13804 | 2 |
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| Last trade - 16.10pm 03/12/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
