Couple of points ron an unconventional TO starting with spilling the board doesn't need 50%. Second a viable option to get their money back and make a large profit in the long term is to take control without making an offer at all but to squeeze us out and delist from the ASX, slash costs, cut deals etc. In time they could be the ones to own the gas development and get $USD120m owed on Stanley rather than us together with reaping the large rewards of our other projects . Not saying they will take that option. They could be supportive investors as they claim, but it cannot be ruled out and it seems to me to be much quicker and a lot more profitable then waiting for the SP to get back to 25 cps.
My opinion, DYOR
Management and Value Creation. More to come?, page-10
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19.8¢ |
Change
-0.003(1.25%) |
Mkt cap ! $324.6M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 19.5¢ | $89.68K | 441.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 30 | 1229725 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 812964 | 2 |
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| Last trade - 14.42pm 22/07/2024 (20 minute delay) ? |
| HZN (ASX) Chart |