Agree with you about conspiracy theories, and yet, I have, in my time, seen a share price plummet, and then a capital raising follow- on the other hand, I have seen a pump, and a capital raising follows. Sometimes, it is like there is a broker in the background, with a raising price in mind, and they need the share price to get near those levels, and then the shares go into a halt.
What is interesting is that Aditya Birla/Essel had said, during their takeover musings, that NFE must have no more debt than $90m to be taken over. NFE now have $102m debt- not too much more- but almost devoid of equity, given the share price. So, Aditya Birla must have been quite comfy with taking on $90m debt. So, they were willing to pay $518m equity + $90m debt = $610m all up.
Not much has changed- a downgrade, some hard times, $12m more debt, but still! I do think it would be hard for NFE to accept any takeover, if it came, at anywhere near these levels, given they rejected Essel's first takeover bid of $1.23 one year ago *wince*. Money will be made somewhere here. I hope it's you guys that make it.
- Forums
- ASX - By Stock
- DTZ
- nfe good buy
nfe good buy , page-7
-
- There are more pages in this discussion • 133 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DTZ (ASX) to my watchlist
|
|||||
Last
9.4¢ |
Change
0.006(6.82%) |
Mkt cap ! $50.77M |
Open | High | Low | Value | Volume |
9.0¢ | 9.6¢ | 8.8¢ | $25.02K | 272.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100566 | 9.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 255587 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33000 | 0.091 |
1 | 1689 | 0.090 |
1 | 65800 | 0.076 |
1 | 6700 | 0.075 |
1 | 100000 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 255587 | 4 |
0.105 | 1109112 | 5 |
0.115 | 50000 | 2 |
0.125 | 50000 | 1 |
0.130 | 75000 | 1 |
Last trade - 15.56pm 30/08/2024 (20 minute delay) ? |
Featured News
DTZ (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online