Please take a screenshot of the email and post it here as I'd love to see how the rejected offer was quietly promoted* given the woeful CR that followed shortly thereafter and what that's done to our SP since.
*At 120m SOI at the time I calculate that an offer of $100m for 30% of metal + 50% water valued HCH at ~AU$333m or ~AU$2.80 per share for the metal plus whatever value the water is, so lets say a total of between AU$3.00 - 3.50 per share. Meanwhile HCH now lags at 150m SOI with sub $1.00 SP, not such a brilliant strategy by management to not reject that offer formally by market announcement to generate some interest in the value of the company!
Ann: Hot Chili Corporate Presentation Rule Symposium 2024, page-41
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Last
80.0¢ |
Change
-0.005(0.62%) |
Mkt cap ! $121.1M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.5¢ | 78.0¢ | $95.36K | 119.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6410 | 78.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 4696 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| HCH (ASX) Chart |