There is absolutely no way this can be a legal transaction, especially with all their previous statements.
The astounding thing now is that another company could make an offer for all of 5GN for 16c a share - easily the value of the company, and the board would be legally obliged to disclose it - but would they?
I'd assume ASIC will do sweet f all as usual.
Ann: Sale of 5GN Business and Capital Return, page-9
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15.0¢ |
Change
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Mkt cap ! $46.96M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 15.0¢ | $86.66K | 577.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 4670865 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 1548308 | 24 |
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