With GC1 holding about 39% in cash, is that $13 million odd, if the odds of chasing this outstanding debt on BHD are so great well just get GC1 to make a cash takeover of BHD at 30 cents. Only needs to spend about $6 million to mop up BHD? For those in love with the BHD exposure and chasing debt just buy the GC1 at a massive discount to NTA for exposure? Would enable savings on directors fees not having to run 2 listed companies.
maybe I have the figures wrong this off a quick glance in the morning.
Ann: 249D Request for Directors to call a General Meeting, page-13
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $5.314M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $4.318K | 19.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 493276 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 2768 | 1 |
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| Last trade - 12.36pm 28/06/2024 (20 minute delay) ? |
| BHD (ASX) Chart |