hmmmm. US10m for 51% of Clark
Given this is the Chairman, who will be doing the due diligence on the value of the asset?
I guess the USD$3m over the next 6 mths will help from a cashflow perspective, but if Clark is only valued at ~USD20m, is there any upside in SIT beyond paying down debts?
Ann: Non-binding term sheet for sale of up to 51% of subsidiary, page-2
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Mkt cap ! $6.506M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 6 | 10750000 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 21451629 | 12 |
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| Last trade - 16.12pm 06/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.2¢ | 0.2¢ | 0.2¢ | 200000 | ||
| Last updated 15.56pm 06/06/2024 ? | |||||
| SIT (ASX) Chart |
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