yip. bought those two businesses in feb 2013 for a combined $4.6m including contingent consideration of $500k. i haven't checked to see whether or not that was earned (I expect it was as it became payable if an agreement was signed with Titan US).
8 and a bit years later, they've been sold for $1.04m. OUCH. a reminder that most acquisitions don't add value
Ann: Divestment announcement, page-3
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Last
$8.99 |
Change
-0.010(0.11%) |
Mkt cap ! $104.9M | |||
| Open | High | Low | Value | Volume |
| $9.10 | $9.21 | $8.99 | $113.7K | 12.44K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1550 | $8.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.14 | 8749 | 1 |
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| Last trade - 14.52pm 04/07/2024 (20 minute delay) ? |
| KOV (ASX) Chart |