EMR 0.72% $4.22 emerald resources nl

Ann: Target's Statement, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 528 Posts.
    lightbulb Created with Sketch. 11
    This is my reading of the situation Tangey.

    (1) I don't see the EMR share price retreating significantly with this offer on the table.
    (2) I don't see any cash leaving EMR coffers to complete the transaction.
    (3) Expensive litigation proceedings presumably dissipate.
    (4) What is the value of remaining Bullzeye shares that would appear very difficult to sell and facing massive dilution through capital raisings?, or, alternatively get their hands in their pockets to stave off dilution?, and still have a holding that is difficult to unload.
    (5) An opportunity for Bullseye SH'ers exists to realize fair value for their investment and either hold their new EMR shares or head for the exit and cash in on the way out.
    (6) Completion of the offer and subsequent compulsory acquisition clears the way for EMR "to get on with it" and "potentially" realize even more value for all concerned.
 
watchlist Created with Sketch. Add EMR (ASX) to my watchlist
(20min delay)
Last
$4.22
Change
0.030(0.72%)
Mkt cap ! $2.772B
Open High Low Value Volume
$4.18 $4.22 $4.15 $4.461M 1.063M

Buyers (Bids)

No. Vol. Price($)
1 8689 $4.21
 

Sellers (Offers)

Price($) Vol. No.
$4.22 18710 7
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
EMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.