TTM 2.06% 49.5¢ titan minerals limited

Ann: Market Update Extension of Voluntary Suspension, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,662 Posts.
    lightbulb Created with Sketch. 98
    Part of the current review concerns 'capital structure', which presumably means a large consolidation of perhaps 30:1 is in the offing.  That's about the only way they could attract new con note holders I suspect, even though they'd have to still have some faith in the company's future.  If they did re-list at any marketable price, though, you'd have to figure just about every holder would opt to take even a few pennies for their stock rather than wait for it to return to zero, provided brokerage is exceeded of course.  But would anyone be prepared to buy, irrespective of the price?  Unfortunately there's only one way to see this ending in my book - and it's not the way we'd all imagined a year ago.
 
watchlist Created with Sketch. Add TTM (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
0.010(2.06%)
Mkt cap ! $81.34M
Open High Low Value Volume
49.0¢ 49.5¢ 47.0¢ $567.8K 1.157M

Buyers (Bids)

No. Vol. Price($)
1 30000 44.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 39277 3
View Market Depth
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
TTM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.