"A company may enter suspension pending the release of a positive announcement. For example a company may have received a take over offer at a substantial premium to the last traded price before the period of suspension" (http://www.thebull.com.au/experts/a...pended-from-trading-or-worse,-goes-under.html)
So let's say 10c a share is a premium - ie 25% over current price times 127.30 million shares
This values business at $12.73 million.... less the value of Bellamark which BYL retains..... $4 million?
Say $3.5 million.
So a company such as NWH is cashed up and able to afford say $9.25 million to save putting the equipment to auction and to takeover existing contracts . BYL has valued their equipment at more than $10 million but is that official ? Maybe shareholders get shares in the purchasing company somehow too...
NB this is all unqualified and idle speculation by someone who does hold shares in NWH and who almost bought into BYL recently ....
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