My hope is the deal fails.
I tried to buy a commercial property once off a cagey old farmer. We were the tenant. His words were: "If I sell to you, then I have to take that money, pay capital gains tax, and then take the net proceeds, go into the market, and try to find a tenant like you on a property like this. Now, why would I do that?"
We all own shares in a company doing tremendously well, paying down debt, producing fantastic ROC, blowing away EBIT expectations, and bookings well into the future.
Now, why would you sell that?
Ann: Trading Halt, page-20
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Last
$2.68 |
Change
0.000(0.00%) |
Mkt cap ! $1.015B | |||
| Open | High | Low | Value | Volume |
| $2.68 | $2.68 | $2.67 | $24.04M | 8.988M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 496249 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 40000 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MRM (ASX) Chart |