With GC1 holding about 39% in cash, is that $13 million odd, if the odds of chasing this outstanding debt on BHD are so great well just get GC1 to make a cash takeover of BHD at 30 cents. Only needs to spend about $6 million to mop up BHD? For those in love with the BHD exposure and chasing debt just buy the GC1 at a massive discount to NTA for exposure? Would enable savings on directors fees not having to run 2 listed companies.
maybe I have the figures wrong this off a quick glance in the morning.
With GC1 holding about 39% in cash, is that $13 million odd, if...
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Last
23.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.555M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24150 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 2768 | 1 |
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| Last trade - 16.12pm 21/06/2024 (20 minute delay) ? |
| BHD (ASX) Chart |
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