Not that simple. If you want to buy the company you will need to pay the market capitalization (number of shares x share price), minus cash and cash equivalents BUT add all the liabilities. This is much more than 580 million. Need to add another 775 million!
Off course if Sol buys it he ONLY needs another 90% of the shares on issue!
MYR showdown Nov 24, page-26
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Last
82.5¢ |
Change
0.005(0.61%) |
Mkt cap ! $690.9M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.5¢ | 82.0¢ | $369.6K | 447.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5532 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.0¢ | 636 | 1 |
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| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| MYR (ASX) Chart |