Yep, it's called "Hobsons choice".....the helping hand that simultaneously shafts you.This unfortunately is the lot of those trying to raise funds in a poor market. If we were still peddling U308 only then I fear this would be our fate.
I hope I'm wrong, but I don't see the line of sight from a good IPO for Vanadis to a climbing SP for AEE. Someone already said it here a while back; right now we own 100% of it, so how will owning only 80% increase our value?
In my mind in the 1-2yr term this is only a cash raising exercise for Tiris. The possible SP rises that come from Vanadis will be due to things they are yet to do in the next 12-24 months.
Vanadis IPO, page-244
Add AEE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.7M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 13.0¢ | $237.1K | 1.766M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 182083 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 16718 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AEE (ASX) Chart |