So you would be in favour of selling Dia if we nett $21m (277m shares have been issued since the acquisition @ 7.5c would equal $21m) ?
That would see the gain on sale as offsetting the diabolical Bergen dilution and leave us with ADO 'classic' and a whack of cash to fund the next 3-5 years.
That would justify an instant SP rise to 7.5c (not that the market would do that) and put a cat among the pigeons on the 'big short'.
DIA, page-2
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $49.36M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $10.34K | 499.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 2923983 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 196776 | 4 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| ADO (ASX) Chart |