You also complain they take no action to resolve a skewed JV arrangement, then complain when they do take action to resolve a skewed JV arrangement.
Like Klogg shared, there are legal mechanisms to sort out disputes in 50/50 JVs. Arbitration is a necessary (often required) step before exit clauses can be triggered. Beam believes (“robust legal position”) that they can trigger these clauses, such as due to a breach on Roadpost’s end. This will lead to either selling or buying the 50% stake. Both outcomes create more positive value for BCC shareholders than status quo.
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Ann: ZOLEO Inc. Joint Venture Ownership, page-32
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $12.09M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $4.455K | 31.81K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100182 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 7500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 100182 | 0.140 |
1 | 22499 | 0.135 |
1 | 30000 | 0.130 |
1 | 2000 | 0.125 |
1 | 3000 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 7500 | 1 |
0.200 | 55694 | 2 |
0.210 | 60000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 11.21am 02/07/2024 (20 minute delay) ? |
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