For I was working under the assumption that drawing down the loan facility, that was for the full cost of the project, would provide the clarity the market demands?
As at that point ewc will have a clear path as it will have an income producing asset that will provide the revenue to pay the one and only debt provider, the financial institution.
If my assumption is correct you can see how quickly clarity is assured and any opportunity for slipform to have a crack at,so to speak, ewc's assets is removed.
Imo the market doesn't like the current situation!
As evidenced by the sp at present.
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Last
2.0¢ |
Change
-0.003(13.0%) |
Mkt cap ! $29.24M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 1.9¢ | $15.13K | 757.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1258505 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 77196 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 97 | 0.095 |
3 | 311964 | 0.094 |
1 | 300000 | 0.093 |
1 | 25000 | 0.092 |
3 | 54000 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.096 | 20355 | 1 |
0.097 | 3101 | 1 |
0.099 | 60000 | 1 |
0.100 | 71326 | 2 |
0.105 | 220678 | 4 |
Last trade - 15.59pm 29/11/2024 (20 minute delay) ? |
EWC (ASX) Chart |