BAS 8.45% 6.5¢ bass oil limited

Not sure why you see putting the payment on hold as a problem.....

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  1. 380 Posts.
    lightbulb Created with Sketch. 20
    Not sure why you see putting the payment on hold as a problem.. If the company did a CR they would pay 5% plus in fees to brokers for money raised and we would be diluted . If I was in directors shoes I would do the same thing as maybe they are backing the share price to be a lot higher at end of year and are going to get the money via exercise of in the money options. The process of putting payment on hold is a way of rewarding shareholders 1/ no more dilution . 2/ not raising money which is always offered at a discount to current share price . 3 / to raise money would be the some cost if not more then the interest rate payable the the loan .
    Good Luck and DYOR.
 
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Last
6.5¢
Change
-0.006(8.45%)
Mkt cap ! $26.13M
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6.9¢ 6.9¢ 6.5¢ $18.97K 286.9K

Buyers (Bids)

No. Vol. Price($)
2 31250 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
6.9¢ 1047 1
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Last trade - 15.53pm 07/11/2024 (20 minute delay) ?
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