Why should they bid ? To avoid Whites multi-millon $ damage claim and annex the BCB ?
May be aged directors are happy to approve a bid north of 200 Mio. $. Sounds like a tenbagger. LoL.
In April 2012 the Supreme Court of Western Australia froze Bayan's stake in KRL (1,925,000,000 shares representing a 56.05% majority) which back then traded at $0.12 per share (so totaling to $231m) to secure WEC's potential damage claims against Bayan for which the court found WEC (or rather their Singaporean subsidiary, BCBC Singapore Pte Ltd) had a good arguable case. Hence the court determined that the extent of damage would likely equal or exceed $231m.
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Last
4.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.46M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10107 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 19972 | 3 |
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| Last trade - 10.00am 07/08/2025 (20 minute delay) ? |
| WEC (ASX) Chart |
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