A) the money is available but management don't like the conditions. ( Management have proven from last 2 CR that they will take any money even if it's at massive discounts to SP).
B) the money is available and management are prepared to accept it. ( $ame as A above and have taken the money that was currently available).
C) the money isn't available ( Bingo but not the way you think it is. Who will benefit from a lower SP?). Here's a link to show you what I mean:
https://www.reuters.com/article/gle...w-business-through-acquisitions-idUSL4N1IQ3JG
2018 Outlook, page-4
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.924M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $161 | 40.28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 23122250 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 21710501 | 12 |
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| Last trade - 10.04am 19/07/2024 (20 minute delay) ? |
| IBG (ASX) Chart |