The prices would have been agreed. The IER will recommend if it’s fair. That’s all.
The LOI just should have disclosed the prices.
Similar to a non binding offer that you see in a takeover. However HFRs major shareholder and board have said they want this to go through so indicative prices at least would have been informally agreed.
Ann: LoI for Cooperation on Strategic Investment, page-65
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Last
28.0¢ |
Change
-0.035(11.1%) |
Mkt cap ! $109.8M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 27.0¢ | $321.3K | 1.110M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 16000 | 2 |
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| Last trade - 12.23pm 22/07/2024 (20 minute delay) ? |
| HFR (ASX) Chart |