totally agree! it's a business mutual agreement. SK need resource to supply its EV plantsI believe they originally wanted more than 20%, I remember that being mentioned. From what I saw the threshold is higher for korean investors but corps act still applies.
Either way, I don't believe it's in their interest to try and lowball the cash for 19.99% and try and give AUZ less. The deal is mutually beneficial in a lot of ways and as mentioned before, the cash is earmarked to get the project up and running. Which is something SKI really needs.
Ann: Quarterly Cashflow Report, page-135
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $13.98M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $117.7K | 11.54M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 25553334 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3530000 | 8 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |