Alternately there are some sort of voting thresholds that they have in mind that they want to get over. It might be a matter of "buy 4.7M shares to improve chances of getting something for the 67.5M shares that are already a sunk cost". This might mean that even if it wasn't a smart thing for other people to buy $1 for a nominal $1.12 worth of cash (due to the difficulties of getting anything out) it might be rational for ZL.
Dunno about the mechanics of another RTO. Don't existing shareholders usually get crushed down?
- Forums
- ASX - By Stock
- ODE
- Ann: Change of Director's Interest Notice - ZL
Ann: Change of Director's Interest Notice - ZL, page-8
-
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ODE (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.129M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
36 | 25950822 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 6336833 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
36 | 25950822 | 0.002 |
18 | 31105708 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 6336833 | 13 |
0.004 | 8168018 | 15 |
0.005 | 8641280 | 9 |
0.006 | 4458621 | 5 |
0.007 | 1550000 | 3 |
Last trade - 16.12pm 12/09/2024 (20 minute delay) ? |
Featured News
ODE (ASX) Chart |
Day chart unavailable