Better for ADN and MEP to launch a new company, with a new board and new ASX code to run the JV IMO.
Issue shares for the new company to existing holders at 3 to 1 for ADN and 1 for 1 for MEP to reflect current ownership.
Simple.
All script takeover??, page-21
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $10.93K | 1.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 52 | 18550853 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 31466854 | 24 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| ADN (ASX) Chart |