I don't think enough info has been released to fully understand this acquisition.
Conceptually and strategically it sounds great.You could say, it seems too good to be true.
What I can't understand is what the motive is for iScience. They''ve had many millions of venture capital and debt funding developing this, the procedure is showing good acceptance. SO why sell at such an apparently low price when the payback is just starting??? There must be a reasonably high % of future sales which go to iScience to make it worth their while, but even then, if you've got a winner which this appears to be,why not run with it yourself????Maybe they want Ellex distribution to increase sales and they effectively get a high royalty on all sales??
I like to see the motives for both parties in a deal and for this one I can only see Ellex's, so until I do understand then I wait further info and a bit doubtful.
I too am looking for a much improved result this year due to opening of the US market and the lower AUD.
- Forums
- ASX - By Stock
- EYE
- ellex acquisition company inc
ellex acquisition company inc, page-15
-
- There are more pages in this discussion • 16 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 EYE (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.23M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 18.0¢ | $13.23K | 73.51K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 49553 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 5000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 49553 | 0.180 |
7 | 212000 | 0.175 |
5 | 70000 | 0.170 |
4 | 114241 | 0.165 |
11 | 369675 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 5000 | 1 |
0.190 | 103697 | 2 |
0.195 | 97471 | 2 |
0.200 | 143323 | 4 |
0.205 | 15050 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
EYE (ASX) Chart |