So seems E33 paid way too much for the farms (natural disasters didn't help post acquistion, we can at least give management that) , and did it using very expensive bank debt & equity (convertible notes) as well. Combination of both is why we are at 3 cents at not 23 cents.
So to participate or not in the right issue? Hall is doing a takeover here
Ann: Prospectus, page-17
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.27M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.1¢ | $4.284K | 204.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 42348674 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 4137935 | 8 |
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| Last trade - 12.58pm 22/08/2024 (20 minute delay) ? |
| E33 (ASX) Chart |