They have very likely had an offer for Diasource sitting there for quite some time. The proposed buyer was giving them time to field other options meanwhile hammering our share price behind the scenes to ensure that his offer for the purchase of Diasource was successful.
The last ditch effort required cash ($1 million) to maintain the business until the deadline. If the worst happened, the sale of Diasource, those loaning money to the company were assured of being paid back.
When some shareholders were approached for the loan they had it put to them that it was the only way to try and keep Diasource and be guaranteed of getting their money back however it ended up.
I'd put money on it.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $51.83M |
Open | High | Low | Value | Volume |
2.1¢ | 2.2¢ | 2.1¢ | $3.414K | 161.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.2¢ | 616353 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 384663 | 0.021 |
12 | 2157550 | 0.020 |
10 | 3040767 | 0.019 |
10 | 1652665 | 0.018 |
4 | 194160 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 616353 | 6 |
0.023 | 857853 | 5 |
0.024 | 1306228 | 3 |
0.025 | 254144 | 5 |
0.027 | 680612 | 2 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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