Its certainly worth more than cash backing Teedes.
Shells have value of their own which also varies depending on the structure, cash on hand, directors/deal makers' track record (and Middlemas and Behets command a massive premium), and shares on issue. Look into Cicero or Otsana shells just to give yourself a clear picture ( they may trade at around double cash backing for a long time before accelerating variably before an acquisition to many, many multiples thereof).
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Last
13.0¢ |
Change
-0.030(18.8%) |
Mkt cap ! $17.08M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 14.5¢ | 13.0¢ | $5.086K | 38.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 498509 | 3 |
View Market Depth
| Last trade - 13.19pm 16/06/2025 (20 minute delay) ? |
| EQX (ASX) Chart |