3Suns
I think you hit the nail on the head!
Regardless of the strength of their legal defense, IMO They settled as it removes $50m of uncertainty for an acquirer coming in at company level, makes it nice and clean now, opens up chance of a corporate deal either placement or takeover.
forced sale to pay sedco claim?, page-14
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $56.97M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 19.0¢ | $11.48K | 60.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1864 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 77108 | 2 |
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| Last trade - 14.24pm 16/10/2024 (20 minute delay) ? |
| NXS (ASX) Chart |