Fantastic announcement?
PF1 just gave away almost half their share (70% down to 36%) in the Hamersly project for $7 million when the IPO wants to value PF1's current 70% holding at closer to $14 million. Plus existing holders get no shares in the new spin out. Plus PF1 is going to finance/lend to this potential spin off to try and get it off the ground
If approved by shareholders, you will have just signed off on losing half your value in about the only worthwhile asset you hold and your happy for PF1 to pay for that privilege. Sounds great, sign me up
Ann: Pause in Trading, page-11
-
- There are more pages in this discussion • 45 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add BM8 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $11.16M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $19.06K | 158.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 85205 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 7322 | 1 |
View Market Depth
| Last trade - 14.44pm 13/09/2024 (20 minute delay) ? |
| BM8 (ASX) Chart |