The trouble is even if they could raise the money whether through a combination of loans/equity etc.. or whatever, how confident could the stakeholders be there will not be a stuff up, further delays and achievement?
It looks like management have shot themselves in the foot. They might be better to bring another manager in that has a proven track record with no incentive to stuff it up.
I think a lot of people are looking for someone(including possibly others) that can prove they are capable of delivering the outcome desired. No amount of money will make that happen necessarily. It is just as important to have the drivers that enable capability and will to achieve so we can empower performance to deliver what investors and customers are seeking including appropriate governance organisationally.
The trouble is even if they could raise the money whether...
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Last
5.5¢ |
Change
-0.002(2.68%) |
Mkt cap ! $47.14M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 5.6¢ | 5.4¢ | $69.20K | 1.258M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 233376 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 17900 | 1 |
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| Last trade - 15.50pm 14/05/2024 (20 minute delay) ? |
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Last
5.4¢ |
Change
-0.002 ( 3.57 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.4¢ | 414753 | ||
| Last updated 15.39pm 14/05/2024 ? | |||||
| MNB (ASX) Chart |