yeah, its just a complete destruction of shareholder wealth.
debt is a killer. they thought they were kings, and bought way to much with debt, eg Summit resources for 1 billion.
The big knobs who sat in their board room chairs and thought they could pay that much for a non producing asset.
FFS. feel sorry for holders caught in this destruction.
How much debt do they have left? and on what terms?
yeah, its just a complete destruction of shareholder wealth....
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Last
$8.17 |
Change
-0.130(1.57%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $21.70M | 2.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 11735 | 3 |
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