Great theme but very poor management and a substantial shareholder who will go down the channel 10 route - take up as much debt as possible, burn equity holders then mop up the company.
There is about 12 months cash burn left and debt covenants will be breached. I’ve sold and won’t rebuy.
Ann: AACo Market Update and Operational Review, page-33
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Last
$1.37 |
Change
-0.010(0.72%) |
Mkt cap ! $852.9M | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.40 | $1.35 | $201.7K | 147.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 107823 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 2730 | 1 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| AAC (ASX) Chart |
