A buy out of the whole company would require 90% of votes to remove all shareholders. However, a significant commercial transaction eg the sale of a business unit, would only require 50% to approve. Happy to be corrected on the above.
Would the board gain 50% if the AP deal had gone ahead and the share price rocketed? What would PB or AP have to offer for it to attract 50% of votes? $40m, $60m, $100m, priceless?
How about now? What would we all consider a good offer for PAD? $10m, $20m, $30m. MM has already given his view that PAD is only worth a couple of million. Case in point.
It's all about CONDITIONING.
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.414M |
Open | High | Low | Value | Volume |
2.5¢ | 2.5¢ | 2.5¢ | $54 | 2.156K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 21477 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 212352 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 21477 | 0.025 |
1 | 220000 | 0.023 |
1 | 50000 | 0.020 |
1 | 27833 | 0.018 |
1 | 585800 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 212352 | 2 |
0.030 | 166667 | 1 |
0.031 | 195000 | 1 |
0.033 | 24575 | 1 |
0.040 | 3000 | 1 |
Last trade - 10.33am 22/07/2024 (20 minute delay) ? |
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