Who knows, but I don't think raising ~$40 million at a premium to current market price would send the SP south of 3c. Sure, some would be disappointed, but if SK pulled out and a third party did a deal at your suggested pricing people would be pretty happy IMO.
And for the record, I am not saying I would want SK to renegotiate the price and stay in or that I think that is what is happening.....I have no idea. More focused on your comment that it would send the SP lower if those terms eventuated.
Ann: Quarterly Cashflow Report, page-123
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $1.361K | 152.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 6937732 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2893601 | 16 |
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| Last trade - 11.45am 01/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |