I think my doubt maybe well founded... that if the 2nd largest shareholder DTN's parent company decides not to exercise the option to acquire 20% of ENC, the chance is, they may not be interested in acquiring the 55% either. Therefore they may vote no, their voting power is more than 20%.
I am not an expert, therefore enlighten me if anyone would - why does ENC worth 2.3B at value and what are the Shareholder Loans in this company? Why would NIC acquire 55% shares and also have to acquire the shareholder loans? Doesn't the vendor after receiving 1.265B from NIC has the money to re-pay their loans? What if they have huge shareholder loans, e.g. exceeds 2 billion?
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82.5¢ |
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Mkt cap ! $3.525B |
Open | High | Low | Value | Volume |
83.0¢ | 83.0¢ | 81.0¢ | $763.2K | 928.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 22312 | 82.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.0¢ | 129279 | 18 |
View Market Depth
No. | Vol. | Price($) |
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21 | 151769 | 0.820 |
23 | 342808 | 0.815 |
17 | 193644 | 0.810 |
10 | 99198 | 0.805 |
11 | 102185 | 0.800 |
Price($) | Vol. | No. |
---|---|---|
0.825 | 4802 | 5 |
0.830 | 268409 | 19 |
0.835 | 232317 | 14 |
0.840 | 153535 | 13 |
0.845 | 120188 | 10 |
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