That's right, Timee. The thing is, though, more debt would probably see MCE at new lows. So would a capital raising (a steep discount needed for punters to chuck in?) but de-leveraging is the go in hard times, whereas MCE seems to be going down the re-leveraging route. At the end of the day, a low share price/market cap due to a raising, will be better than the low share price/market cap due to more debt, imo.
That's right, Timee. The thing is, though, more debt would...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 25.5¢ | 25.0¢ | $4.574K | 18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 89272 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 9897 | 1 |
View Market Depth
| Last trade - 15.33pm 29/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
