Investors can write off Karoo.
From today's investor presentation :-
- No interest in buy-out (surprise, surprise).
- PEN will meet obligations to restore and rehabilitate the site.
- At best they will fund site restoration from sale of land.
- No mention of any remaining funding obligations
I will not be attending any of the presentations but would someone like to ask the question about any remaining funding obligations so we can put this one to bed?
Karoo sale, page-23
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Last
$1.08 |
Change
-0.015(1.37%) |
Mkt cap ! $274.0M | |||
| Open | High | Low | Value | Volume |
| $1.09 | $1.12 | $1.08 | $237.1K | 216.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18320 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.10 | 4076 | 3 |
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| Last trade - 12.28pm 04/12/2024 (20 minute delay) ? |
| PEN (ASX) Chart |
