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
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 2649 | 1 |
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