Fair point, there is always the possibility of impairment, but the price probably reflects that now at a 33% discount.
The good news is that they have a brand new plant to show for it, and no real debt after the capital raising, so in cashflow terms ( adding back a big depreciation charge) they ought to be OK.
I also think there is a reasonable possibility of someone taking them over.
Fair point, there is always the possibility of impairment, but...
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26.5¢ |
Change
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Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 28.0¢ | 26.0¢ | $123.8K | 467.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 124361 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 37650 | 2 |
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