I cannot believe that the existing large current share holders who represent 50% of shares on issue would vote for this overpriced acquisition with mostly pie in the sky assets. A previous blogger posted that we are paying 95c per share for an earnings per share of something like .008c per share. I am sure that the large shareholders are smart than this so why are they sitting on their hands. Is the proposed acquisition going to a vote. ??
Existing shareholder vote
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Last
$3.74 |
Change
0.040(1.08%) |
Mkt cap ! $1.969B | |||
| Open | High | Low | Value | Volume |
| $3.77 | $3.77 | $3.72 | $1.022M | 273.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 9805 | $3.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.74 | 8391 | 4 |
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| Last trade - 11.09am 16/08/2024 (20 minute delay) ? |
| DRR (ASX) Chart |