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.
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With GC1 holding about 39% in cash, is that $13 million odd, if...
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 9099 | 0.105 |
1 | 100000 | 0.100 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.255 | 63871 | 1 |
0.260 | 23028 | 1 |
0.265 | 37196 | 1 |
0.275 | 14400 | 1 |
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