TAM had to sell, it's (not so) slowly going bust, needs the $30M+ as it had come to the end of the line with it's bankers, to whom it owed $40M out of a $43M debt facility. Expect a desperate TAM to have a heavily discounted cr shortly. The transaction has absolutely no effect on ABU except it does show somebody out there has plenty of faith in the company to spend $30M buying in - wish it was me at 5c a share, nice price if you can get it!
tam sells out, page-3
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.353M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $779 | 259.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 15823362 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 23487747 | 25 |
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| Last trade - 10.06am 12/07/2024 (20 minute delay) ? |
| PRX (ASX) Chart |