Agree.
And to update my post, just read the placement notice:
* Appears the $138 million is due in the next 12 months (maybe crossed the line recently);
* After the $300 million placement they have over $1.1 billion in cash and undrawn credit lines;
* Debt to assets now 30%.
Mundeen, I hope you don't do all your investing based on "friends in accounts departments". Would hate to see what they recommend as buys.
MJS
Agree.And to update my post, just read the placement notice:*...
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Last
$2.21 |
Change
0.010(0.45%) |
Mkt cap ! $8.996B | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.22 | $2.19 | $20.90M | 9.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 138677 | $2.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.22 | 366055 | 87 |
View Market Depth
| Last trade - 14.40pm 03/12/2024 (20 minute delay) ? |
| MGR (ASX) Chart |
