Its a classic case of the customer buying the shop!
I cant see the price going up even if Taurus only gets 51% of EXT and it remains listed. With control of EXT, what's stopping them from doing a cap raising and sell billions worth of new shares cheap to a Chinese investor after a downramp job? They could then downramp the sp further and make an even lower priced privatisation offer or share buyback?
Or they could do a high cost financing job with China Bank designed to devalue EXT - never gets paid off? When production commences the supply contracts to CGNPC will be cheap as chips - negative profit. They don't want EXT to profit, they want CGNPC to value add and cash in on selling both power and fuel rods.
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Last
0.9¢ |
Change
0.001(5.88%) |
Mkt cap ! $13.27M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $2.34K | 260K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 5083440 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 4111984 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 5083440 | 0.008 |
12 | 2704262 | 0.007 |
5 | 2018942 | 0.006 |
3 | 1700000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 4111984 | 6 |
0.010 | 11900004 | 13 |
0.011 | 4800000 | 4 |
0.012 | 3738361 | 5 |
0.013 | 99423 | 2 |
Last trade - 14.39pm 21/08/2024 (20 minute delay) ? |
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EXT (ASX) Chart |