I could be worng and probably very optimistic. But I have a feeling we will see a buyout of the Class A's at 1.20 in the coming months. If they offer less than $1.20 some people will not accept the offer and it will restrict their ability to pay div's still - it would be much easier to pay up.
I wouldn't be surprised if the loan from Hoffmeister gets repaid (probably partially) in OCT and they raise the money to buy out the shares with a combination of cash/debt and a small rights issue underwritten by Catelan - a nice way to get more equity.
will this stock jump today ebit +1025%, page-2
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Last
$3.15 |
Change
0.000(0.00%) |
Mkt cap ! $91.33M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7 | $3.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.48 | 9326 | 1 |
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| Last trade - 16.12pm 02/08/2024 (20 minute delay) ? |
| ECL (ASX) Chart |
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