Yes this is what I meant - the restructure required some debt be paid down which now requiring a working capital top up.
Overall I am not unhappy about CR's to derisk a company. One of my concerns with investing in AIS was the debt situation that meant if the bottom fell out of the copper price that they could lose control of the Torrens project. This is now less of a worry.
Yes this is what I meant - the restructure required some debt be...
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Last
18.0¢ |
Change
0.005(2.86%) |
Mkt cap ! $193.5M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.5¢ | 17.5¢ | $213.4K | 1.185M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24856 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 106134 | 7 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AIS (ASX) Chart |
